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Geron, a CA biotec company, not only suddenly halts the world's first embryonic stem cell trial after treating only 4 patients but also pulls out of the business entirely.
U.S. company halts world's first trial using human embryonic stem cells and quits the business suddenly Californian biotech company Geron pulls out after treating just four patientsalts world's first trial using human embryonic stem cells and quits the business suddenly Californian biotech company Geron pulls out after treating just four patients
The world’s first trial of embryonic stem cell treatment has been shelved.
Californian biotech company Geron hoped the revolutionary therapy would help the paralysed walk again.
But after treating just four patients, Geron has pulled out of the field, blaming the high costs and red tape of stem cell research and ‘uncertain economic conditions’.
However, others questioned whether it would have given up on the treatment if it really was going to produce the miracles promised.
The controversial trial was the first to use human embryonic stem cells, plucked from embryos in the first days of life, and capable of turning into any of the cell types found in the body.
Geron, which now intends to focus on cancer drugs, has not released any information about how well the treatment worked.
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Lots of therapies with adult stem cells, ESC have only produced tumors, no therapies.
"Some guys play in all-star games, some guys don't. I don't know who picks all those all-star teams. In all honesty, I don't know who picks the combine, for that matter," Belichick said. "How does (Miami-Ohio offensive lineman Brandon) Brooks not get invited to the combine? How did Vollmer not get invited to the combine? I don't know. We can't really worry about that. We just have to try to evaluate them the best we can."