SmallCap Sentinel: Potential Impact of Stem Cell Restrictions Questioned


IRVINE, Calif., June 10, 2005 (PRIMEZONE) -- "Limitations on domestic stem cell research may have an impact on major biopharmaceutical companies as well," stated SmallCap Sentinel analyst, D.R. Clark. "It will be interesting to see if the proposed restrictions of stem cell research in the United States eventually impact large pharmaceutical firms, either positively or adversely."

"In the highly competitive biopharmaceutical and pharmaceutical markets, acquisition of new drugs and technologies based on all kinds of research and development is imperative," Clark added. "Should restrictions specific to U.S. soil inhibit research here it would seem that companies desirous of new products would pursue technology developed abroad. Industry leaders such as Genentech, Inc. (NYSE:DNA), Sepracor Inc. (Nasdaq:SEPR), and Celgene Corporation (Nasdaq:CELG) must be pondering this politically-charged circumstance."

"Meanwhile, stem cell related companies like New Life Scientific (OTCBB:NWLF) have added foreign-based research divisions to their business models," added Clark.

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