Fri, Aug 29, 2014, 9:49 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Advanced Cell Technology Inc. Message Board

  • SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Within days of signing the Stem Cell EO providing for Federal funding of ESC research, Obama banned federal funding for stem cell research by signing the federal budget which included the Dickey-Wicker Amendment. It's set to expire soon so perhaps there's hope that ESC's will get federal funding. ACTC could have a tough time as I have read on multiple sources that ESC funding may not go to for-profit companies. Hopefully we'll have clarity here soon.

      • 4 Replies to worcester_rob
      • valenciamandolina@ymail.com valenciamandolina Sep 30, 2009 9:08 PM Flag

        In H.R. 3293 Title V Department of Education Appropriations Act 2010 the Dickey Amendment is preserved. It has passed the House and in the Senate for vote. The Senate will pass and Obama will sign into law again as confirmed today on a CC I was lucky to be part of with a congresswoman and a few others.

        Sec. 509. (a) None of the funds made available in this Act may be used for--

        (1) the creation of a human embryo or embryos for research purposes; or

        (2) research in which a human embryo or embryos are destroyed, discarded, or knowingly subjected to risk of injury or death greater than that allowed for research on fetuses in utero under 45 CFR 46.204(b) and section 498(b) of the Public Health Service Act (42 U.S.C. 289g(b)).

        (b) For purposes of this section, the term ‘human embryo or embryos’ includes any organism, not protected as a human subject under 45 CFR 46 as of the date of the enactment of this Act, that is derived by fertilization, parthenogenesis, cloning, or any other means from one or more human gametes or human diploid cells.

        There is a Federal lawsuit SHIRLEY V SEBELIOUS in which the Plaintiffs(Christian fundamentalists) are looking for a broad interpretation of the Dickey amendment to prevent any funding at all for research relating to HESC research. Apparently if the case is not dismissed then there will be a fight to preserve the Dickey amendment as it stands. At the moment it is very restrictive but doesn't ban all fed. funding for HESC research. It just bans the most important things like SCNT ect...The stand the government is taking on Dickey amendment with their lawyers is in the actual motion to dismiss which can be found on PACER pgs 36-41. I disagree with this whole approach and was told our ideas were great for a petition nationwide. It just so happens no one thought of it before us and before the House voted(very sad). It is a done deal now. There is so much more to be said on the subject but I understand the inability of most to grasp or care about any of this so will end there. If I were 4 years older and out of law school I would have filed a counter suit in federal court claiming constitutional rights have been violated under the 1st Amendment Establishment clause when DW was enacted. I am trying to push someone to file that lawsuit. It may be our only shot until 2011.

        Warmest
        Val

      • I believe what you just posted is accurate.

        Unless there is a change of previously announced NIH policy ACTC will not get any of this money.

    • Couldn't hurt that's for sure...

      ACTC Strong Buy....

      :)

    • I was just coming here to post the same thing

      http://online.wsj.com/article/BT-CO-20090930-705928.html

      I think this could be huge. Some of this $$ should hopefully fund stem research.

 
ACTC
0.08150.0000(0.00%)Aug 27 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.