FasterCures applauds today’s executive order by President Barack Obama to lift the eight-year old ban on federal funding for research on new stem cell lines. President Obama’s order marks the reversal of the August 2001 decision by the Bush Administration banning federal funding for all stem cell lines created after that date.
Today’s order marks an important step toward exhaustively exploring every possible avenue in the search for new treatments for deadly diseases. Polls demonstrate that more than 70 percent of the U.S. public supports federal funding for stem cell research. This reversal is a long overdue measure that moves toward the ultimate goal of all medical research: saving lives.
FasterCures president Greg Simon weighed in on the reversal: “President Obama has taken politics out of science and put science where it belongs – in the forefront of the fight to defeat the diseases that are taking our loved ones before their time. We cannot afford to let ideology trump ideas rhetoric defeat research. FasterCures applauds the President’s decision, and urges the NIH to move with deliberate speed and care to develop and finalize the new guidelines.”