Tag Archives: Geron Corporation

Last month a leading American research company abandoned the world’s first clinical stem cell pilot program. Officials claim money troubles have forced the first company doing a government-approved test of embryonic stem cell therapy to discontinue further human stem cell programs and lay off much of its staff. Nov. 14 Geron Corp., the world’s leading embryo research company, announced it is eliminating 66 full-time jobs, or 38 percent of its staff.

The Menlo Park, California-based company blamed the pull out on the high costs and bureaucracy of stem cell research and ‘uncertain economic conditions’. Some never believed the treatment really …