It was a lot of promises for about 10 years ago that stem cells will miraculously cure different types of diseases like cancer, AD, etc etc. A lot of resources were spent on stem cell research and you know what? Cancer is not yet cured... Stem cell treatment did not become a Black Swan and it looks like that there is no chance that it will become even a Dirty Swan. The Dirty Swan niche so far is occupied by mabs which are more industrially friendly and not as harmful as stem cell therapy. The video which describes the inefficiency of stem cell's treatment is here.
A team of Korean researchers reported on November 25, 2003, that they had transplanted multipotent adult stem cells from umbilical cord blood to a patient suffering from a spinal cord injury and that following the procedure, she could walk on her own, without difficulty. The patient had not been able to stand up for roughly 19 years. For the unprecedented clinical test, the scientists isolated adult stem cells from umbilical cord blood and then injected them into the damaged part of the spinal cordStem Cell Treatments
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