June 26th, 2005
More Investment In Stem Cell Research
The political climate seems to have calmed enough to encourage private investors to put money into developing stem cell therapies, as noted at Today's Stem Cell News. Patent filing statistics leads to the following conclusion: "The message from this report seems to be simple: biotech companies are undeterred by the hostile research environment that currently governs the stem cell sector. The market is aware that there is potentially a huge revenue stream from stem cell research - the world market value currently stands at $2.7 billion and is set to grow significantly over the next few years." If you want something done, let people get on and do it - enough with the threats of legislation and regulation already.