Hmm this looks like good news for StemCells (STEM.) They get an equity stake in ReNeuron which is a privately held company. Hopefully STEM also gets some revenue from its liscences that it is letting ReNeuron use. This is a very good statement as well:
ReNeuron will supply cells for StemCells to use under the cross-license.
They may be able to fly under the US ban by using cells harvested from the UK. I'm not sure if that is legal but it is a nice hedge against Bush's veto of that stem cell bill.
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