Obama Rescinds Edict Against Stem Cell Research; Dr. Lanza: "Emancipation Proclamation"

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On Monday morning President Obama will sign an executive order overturning the ban on federal funding of embryonic stem cell research. The announcement will be about "restoring scientific integrity to health care policy," an administration official tells wire sources.

On Jan 29 2009, in a prophetic and vital moment for the most contentious areas of science's intersection with American politics, the U.S. Food and Drug Administration approved a path for the first-ever human trial of a medical treatment derived from embryonic stem cells.

This news from the Obama White House will have a massive impact on the stock market for these corporations with products in the Phase I and Phase II stages, particularly Advanced Cell Technology, the firm that owns 400 of the key patents and has perfected a way of creating stem cells without destroying embryos. Their products include stem cell methods of repairing retinas, pancreases, and heart tissue after heart attacks. ACTC's Dr. Robert Lanza has appeared on Barbara Walters analyzing stem cell frontiers less than a year ago, and is recognized world wide as one of the great pioneers in stem cell research and product development.