FDA Lifts Hold on Geron Stem Cell Trial, Shares Leap

WASHINGTON The FDA’s blessing Friday of the world’s first clinical trial of a human embryonic stem cell (hESC) therapy has not only launched what may be “the dawn of a new era” for medical treatment, but if successful, the therapies could alleviate much of the burdensome costs plaguing the nation’s health care system, insisted Geron Corp. CEO Thomas Okarma.