Advanced Cell Technology and Geron Aim to Shatter Stem Cell Myths
The Bedford Report Provides Equity Research on Advanced Cell Technology & Geron
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 07/27/11 -- With Americans spending in excess of $300 billion annually on drugs which typically only treat disease symptoms, regenerative therapies are garnering increased support. Scientists argue that stem cells are the future of healthcare, and that regenerative medicine is one of the most misunderstood fields in biotechnology. The Bedford Report examines the outlook for companies in the Biotechnology Industry and provides investment research on Advanced Cell Technology, Inc. (OTCBB: ACTC) and Geron Corporation (NASDAQ: GERN). Access to the full company reports can be found at:
Headlines regarding the funding (or lack thereof) for embryonic stem cell research have a habit of moving all stem cell related stocks, even those not involved in the controversial sector. Very few publicly traded companies are actually engaged in embryonic stem cell research.
Geron Corporation is currently running clinical trials using embryonic stem cells. Geron is running Phase I trials to see if the cells can restore nerve function in patients who have suffered severe spinal-cord injuries.
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Last month Advanced Cell Technology announced that it entered into a definitive collaborative agreement with Roslin Cells of Scotland. The two companies will work together to establish a bank of Good Manufacturing Practice-grade human embryonic stem cell (hESC) lines using ACT's "single-cell blastomere" technique for deriving hESC lines without destroying embryos.
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Datum: 27.07.2011 - 12:16 Uhr
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