Proponents of the bill include Rep. James Langevin D-R.I., an anti-abortion lawmaker who is paralyzed from the chest down from a handgun accident that occurred when he was a teenager. The research, Langevin said, offers "tremendous hope that not only stem cell research might lead one day to a cure for spinal cord injuries but one day a child with diabetes will no longer have to endure a lifetime of painful shots and tests." Additionally, Dr. Robert Lanza, an embryonic stem cell researcher at Advanced Cell Technology, Inc. (now headquartered in Alameda, CA to take advantage of Proposition 71), said that stem cell-based treatments could be just a few years away for eye and spinal cord injuries, but that a decade or more of research is needed before treatments might become available for diseases such as diabetes and Alzheimer's. IPBiz notes that "therapeutic" cloning through human SCNT, the holy grail for embryonic stem cell research, remains dead in the water following the uncovering of the Hwang fraud one year ago. Nevertheless, the AP wrote on Jan. 11: Scientists still say, however, that embryonic stem cells so far are backed by the most promising evidence that one day they might be used to grow replacements for damaged tissue, such as new insulin-producing cells for diabetics or new nerve connections to restore movement after spinal injury. [text from ANDREW TAYLOR of AP]
On other curious assessments of value, On Jan. 11, Six Flags sold three water parks and four theme parks for $312 million. On Jan. 10 (one day earlier), residents of a trailer park in Briny Breezes, Fl. voted overwhelmingly to sell their community to a developer for more than $510 million. Patent auctions fare even worse.