Embryonic stem cell research challenged, again
Sherley continues stem cell debate with an appeal to a panel of judges for the third time
Bio - true....if you still need further evidence about what we have done to the planet, then there really isn't a thing we can do for you. The only question is, what was our part, and what is natures part, but I guess when FL is underwater they'll still say it is a hoax.
Its just not right that 3 lawyers get to decide how medicine for the future is shaped,, what the fk do they know,, maybe they should put 3 docs on the panel to decide instead of those stupid chits,,
It is an interesting case to follow, and I'm sure that "sophisticated" investors are following vaguely and think it may mean that they should wait... but the fact is, the case has absolutely NO IMPACT on the current trials, and therefore the potential for revenue for that medical product.
This is only about federal funds for researchers developing new products.
I agree that the activists think this is depriving the sector of funds. And it may be doing so. But the good thing is that everyone, including the Federal Government is fighting it. If there were a Republican in office, I would hate to think how ridiculous it would be... I can think of a few things they could do to try to mess mess the sector up while pretending to be anti-regulation, pro-liberty, etc. All that b.s.
Haven't had a real good feeling about it, elk. May take positive results to get them judges to open their "eye's".........I do think it would be more difficult to rule against if those are seen and published.......we shall see.....
Here is extract from a website I got from this board. <<In 2009, the Obama administration issued Executive Order 13505, “Removing Barriers to Responsible Research Involving Human Stem Cells,” which explicitly set out to expand National Institutes of Health support for the exploration of human stem cell research. As a result, NIH stem cell research funding from 2003 through 2010 has steadily increased, particularly in the past two years >>.
The embroyo is not getting destroyed in procedure adopted by ACTC. So the funding will be available.
Worst case scenario is that GOVT funding is stopped, in that case the company can use its own funds to finance the work. These are the issues for which authorized capital limit is being rasied proactively by Gary Rabin. If the company has its own money to do research , there is no need for Govt funding. Further I think ACTC is far beyond just research now. They are gearing up for mass production.
seems to me as "delay" tactics to cast uncertanity to potential hESC stem cells research investors and basically starve them to death (moneywise)..Sherley will be trying as long as he feels it's necessary and it's not for his personal needs but for needs of someone behind him, whether it's some religious organisation or some prolifers or just competetion afraid of hESC potential...
Here's the scary part:
..... The NIH appealed the preliminary injunction to the same appeals court, but to a different randomly-assigned three-judge panel. That panel ruled in favor of the NIH, by a two-to-one vote, vacating the preliminary injunction and once again sending the case back to the district court.
Finally, in September of 2011, the district court ruled against Sherley and in favor of the NIH.
What’s different this time?
Sherley’s appeal before the appeals court will be heard by yet another randomly-selected three-judge panel, the third to hear the case. This panel includes Karen L. Henderson, who was the dissenting vote in favor of Sherley when the injunction was vacated, and Janice R. Brown, who was on the first panel that unanimously concluded that Sherley had standing. ....