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To: Frost Byte who wrote (32757)12/23/1998 12:42:00 AM
From: David Sirk  Respond to of 119973
 
CTII INFO!!!. Looks like we got some big boys playing this one!
HOT BIOTECK ANYONE??? CTII!!!

Business Week Article...
WHO WILL GROW A LIVER FIRST?
Geron may not be No. 1 in the race to grow human organs
On Nov. 6, scientists announced a major new advance: They had found a way
to isolate human cells that can grow and become any part of the body. News
stories predicted that so-called embryonic stem cells could one day grow
replacemEnt livers or build new muscle for failing hearts. ''We now have the
possibility of repairing degenerating tissues,'' says Thomas B. Okarma,
research chief at Geron Corp., the biotech firm that funded the research.

But other companies may already have found a quicker route to these marvels.
Already, Baltimore-based Osiris Therapeutics Inc. has regenerated bone in
animals using another type of stem cell. And in Lincoln, R.I., CytoTherapeutics
Inc. plans to treat Parkinson's disease using a neural stem cell. ''We're not
talking about something 10 to 20 years away, like Geron,'' says CEO RichArd
M. Rose, MD. Says James D. McCament, editor of Medical Technology
Stock Letter, ''CytoTherapeutics is much closer to the clinic and more
significant from an investment standpoint.''

The key to these swifter therapies lies in the types of stem cells being used.
Geron snared the mother of all stem cells--a single cell that theoretically can
become any part of the body. Osiris and the StemCells Inc. subsidiary of
CytoTherapeutics are using stem cells already part way down the
developmental path. These cells are no longer able to create any organ but are
progenitors of specific body parts like livers or bone. And because these cells
are partly Specialized, scientists are much closer to actual therapies. Indeed,
medical researchers at University Hospitals in Cleveland are already using
so-called mesenchymal stem cells to try to help women recover from side
effects of breast cancer treatments.

Geron has to clear other hurdles, too: No one has any idea how to direct
embryonic stem cells to make, say, a liver. And even if Geron scientists learn
to direct embryonic stem cells down different developmental paths, it may not
be able to capitalize on its breakthrough. Along the way, they could create the
''daughter'' stem cells that companies like Osiris and StemCells have already
patented. AnalySts predict the company will find ways around the patents. But
the embryonic stem cell hoopla could end up as breathtaking science that can't
realize its enormous potential.

biz.yahoo.com

Subject 10527

BENEFICIALLY OF CLASS
NAME OF BENEFICIAL OWNER OWNED* BENEFICIALLY OWNED*
----------------------------------------------------------------------- ------------------ ---------------------
Princeton Services, Inc................................................ 2,763,558(1) 14.8%
Merrill Lynch Asset Management, L.P.
Merrill LynchGrowth Fund
800 Scudders Mill Road
Plainsboro, New Jersey 08536

Genentech, Inc......................................................... 1,163,599 6.4%
1 DNA Way
South San Francisco, CA 94080

T. Rowe Price Associates, Inc.......................................... 960,000(2) 5.3%
100 East Pratt Street
Baltimore, MD 21202
www2.edgar-online.com