How Investors Think About Stem Cell Science
Contining the money theme for the day, here is a piece from the Miami Herald. It provides a good insight into the way in which venture capitalists and other investors currently look at stem cell science. Stem cell research is a gold mine in waiting, but legislative uncertainty and the nature of early stage medical research is scaring investors away. "Investors in the pharmaceutical and biotechnology industries aren't committing billions of dollars, largely because society hasn't clearly decided whether the research is moral." In other words, we won't see major progress until politicians stop trying to ban this research. I, for one, think that deliberately blocking research into cures that will save millions of lives is a terrible, terrible act.
Link: http://www.miami.com/mld/miamiherald/business/national/8313083.htm