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Government Support for Stem Cell Research Evolves, Business and Industry Trends Analysis

Shortly after taking office, U.S. President Barack Obama reversed an eight-year ban on the use of federal funding for embryonic stem cell research.  Specifically, Obama issued Executive Order 13505, entitled “Removing Barriers to Responsible Scientific Research Involving Human Stem Cells.”  This executive order, dated March 9, 2009, charged the National Institutes of Health (NIH) with issuing new guidelines for stem cell research which became effective in July 2009.  The order further authorized the NIH to “support and conduct responsible, scientifically worthy human stem cell research, including human embryonic stem cell research, to the extent permitted by law.”  The important words…

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