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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.

In August 2001, George W. Bush signed an executive order prohibiting federal funding on embryonic stem cell research except for a few dozen lines. Then, White House estimated scientists would have more than 60 cell lines to use, but ultimately fewer than two dozen lines were usable, and two times during his tenure as President, Bush vetoed efforts to overturn his ban.

While campaigning, Sen. Obama promised to overturn Bush's ban; Mr. Obama said the ban "handcuffed our scientists and hindered our ability to compete with other nations."

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.


In 1980, Stephen Fox founded New Millennium Fine Art, a Santa Fe gallery specializing in Native American and Landscape, and is very active in New Mexico Legislative consumer protection politics, trying above to get the FDA to rescind its approval (more...)

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Thanks, Stephen, for staying on top of this topic.... by Annabel Hoyt on Sunday, Mar 8, 2009 at 11:31:01 PM
Many in the scientific community welcomed news of ... by Jade Bruhjell on Monday, Mar 9, 2009 at 6:07:56 AM
The stock market is bewilderingly complex, but one... by Stephen Fox on Monday, Mar 9, 2009 at 6:13:23 AM
StephenExcellent subject!I particularly like the w... by Lydia Kopere Patterson on Monday, Mar 9, 2009 at 9:45:46 PM
I don't really know enough to have quick and t... by Stephen Fox on Monday, Mar 9, 2009 at 10:49:42 PM
For more on this breaking news go to ... by Stephen Fox on Monday, Mar 9, 2009 at 12:19:17 PM
President Barack Obama lifted restrictions on embr... by Jade Bruhjell on Monday, Mar 9, 2009 at 6:34:14 PM
YESTERDAY AT THE WHITE HOUSEby Don C. ReedDear Ste... by Stephen Fox on Tuesday, Mar 10, 2009 at 11:42:23 AM
There are 8 replies before mine on this article.Wh... by William Whitten on Tuesday, Mar 10, 2009 at 12:24:05 PM
It is strictly based on chronology.... by Stephen Fox on Tuesday, Mar 10, 2009 at 3:23:07 PM
I didn't have an article, I was just inquiring... by William Whitten on Wednesday, Mar 11, 2009 at 6:51:04 PM