News FocusBiotechnology

Stem Cells Lose Market Luster

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Science  21 Mar 2003:
Vol. 299, Issue 5614, pp. 1830-1831
DOI: 10.1126/science.299.5614.1830

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The stock market slump and subsequent evaporation of venture capital is being felt keenly across the biotech landscape. Hit particularly hard is one of the hottest areas of all: human embryonic stem cells and therapeutic cloning, the creation of stem cell lines that are identical genetically to a prospective patient's. The depth of suffering among stem cell companies reflects how far off profits may lie.