IRVINE, Calif., May 24, 2005 (PRIMEZONE) -- "Recently published reports on what appears to be dramatic breakthroughs in stem cell research has driven interest in the field and public companies focusing on this biotechnology sector," stated SmallCap Sentinel analyst, D.R. Clark.
Shares of companies entrenched in the stem cell research field rose Friday after reports from the South Korean team that cloned the first human embryo to use for research announced that they had utilized the same technology to generate batches of embryonic stem cells from nine patients. Companies focused on stem cell development include Stemcells Inc. (Nasdaq:STEM), Aastrom Biosciences Inc. (Nasdaq:ASTM), New Life Scientific (OTCBB:NWLF) and Geron Corp. (Nasdaq:GERN).
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