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Biotech / Medical : Geron Corp.
GERN 1.200+3.9%Nov 26 3:59 PM EST
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From: ItsAllCyclical2/2/2005 10:14:01 PM
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Bush's speech

Because a society is measured by how it treats the weak and vulnerable, we must strive to build a culture of life. Medical research can help us reach that goal, by developing treatments and cures that save lives and help people overcome disabilities — and I thank Congress for doubling the funding of the National Institutes of Health. To build a culture of life, we must also ensure that scientific advances always serve human dignity, not take advantage of some lives for the benefit of others. We should all be able to agree on some clear standards. I will work with Congress to ensure that human embryos are not created for experimentation or grown for body parts, and that human life is never bought and sold as a commodity. America will continue to lead the world in medical research that is ambitious, aggressive, and always ethical.

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Typical political double-speak. Doesn't really change much, but not sure yet how stock will react tomorrow. I'm guessing down, but it shouldn't be excessive.

I'm getting rather tired of GERN getting caught up in this political BS. People use IVF all the time to make babies. Not all the embryos create babies not do all the embryos get used. Seems nuts that there is no real consensus as to what can be done w/these. That may be what Bush is alluding to in his speech. I'm guessing he'll try to please both sides as much as possible. Voters in various states have shown that there is broad support for stem cell research. We'll see. Will probably reduce my position tomorrow though and wait and see how this debate unfolds.
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