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Science 13 November 1998:
Vol. 282. no. 5392, p. 1239
DOI: 10.1126/science.282.5392.1239a

News of the Week

BIOTECHNOLOGY:
Reaction to Stem Cells: A Tale of the Ticker

David Malakoff

Geron Corp. of Menlo Park, California, saw its stock price jump when company-supported researchers reported in Science and the Proceedings of the National Academy of Sciences that they have cultured "immortal" stem cells in the laboratory (Science, 6 November, pp. 1014 and 1145). The cells could potentially be used to repair damaged organs and tissues. But the price soon sank as investors realized that the scientifically interesting findings wouldn't soon lead to profitable products.

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Science. ISSN 0036-8075 (print), 1095-9203 (online)