Monday, November 21, 2011

Geron's exit symbolic ding for stem cell research (AP)

FILE - This Aug. 10, 2001 file photo, shows the exterior of stem cell research leader Geron Corporation, a biotechnology firm, in Melo Park, Calif. Geron Corp., a pioneer in stem cell research that has been testing a spinal cord injury treatment, said late Monday, Nov. 14, 2011, that it's halting development of its stem cell programs to conserve funds. It is seeking partners to take on the programs' assets and is laying off much of its staff. (AP Photo/Paul Sakuma, File)AP - Geron Corp. is exiting the field it pioneered in a calculated business move that underscores the long, costly path embryonic stem cells face to become real-world products.


Source: http://us.rd.yahoo.com/dailynews/rss/biotech/*http://news.yahoo.com/s/ap/20111115/ap_on_he_me/us_geron_stem_cells

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