IRVINE, Calif., Aug. 2, 2005 (PRIMEZONE) -- "Senate majority leader Bill Frist's unexpected support for the expansion of federal funding for embryonic stem cell research must be seen as an enormous positive for companies focused on research," stated SmallCap Sentinel analyst, D.R. Clark. "Not only could this mean federal funding for research projects but it appears to signal an erosion of resistance from within the Republican party."
"It will be interesting to see if Sen. Frist and President Bush 'square off' on this issue or if Frist is simply making the overt moves to save Bush from having to acquiesce on an issue on which he took a passionate stance," added Clark.
An informational report titled "Looking at the Political Impact on Stem Cell Research" has been made available free of charge via financial courier StockUpTicks.com at www.SmallCapSentinel.com
New Life Scientific (OTCBB:NWLF), which endeavors to blend Eastern European research and development with Western management, Genentech, Inc., Sepracor Inc., and Celgene Corporation will be discussed in the report.
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