Seeking Alpha

Major stem cell discovery might not be so major

  • Professor Teruhiko Wakayama, the scientist behind the recent apparent discovery of a novel way to induce pluripotent stem cells ((iPSCs)), now says the published study should be withdrawn and reanalyzed due to the emergence of mistakes.
  • The study was first reported on January 28 and created a global sensation because it showed that normal cells could be transformed into stem cells by dipping them in acid. Questions soon arose about certain images Prof. Wakayama used in the paper. Other research groups have been unable to reproduce her findings thereby adding to the controversy.
  • The situation is attracting intense media scrutiny because of another scandal that happened several years ago when a self-taught scientist with a degree in nursing treated a heart disease patient with cardiac cells derived from the patient's own iPCSs. He was eventually dismissed from his position at the University of Tokyo.
  • (CUR) (STEM) (PSTI)
Comments (21)
  • Jason Napodano, CFA
    , contributor
    Comments (851) | Send Message
     
    This story has nothing to do with CUR.
    10 Mar, 02:41 PM Reply Like
  • goinglong2020
    , contributor
    Comments (125) | Send Message
     
    This is terrible - what does this have to do with CUR? Nothing.
    10 Mar, 02:43 PM Reply Like
  • maxicat
    , contributor
    Comments (38) | Send Message
     
    I LOVE the comments. It has NOTHING to do with any of the stem cell companies we invest in. Not STEM Not CUR Not PSTI Not ATHX Not any of them.. Geeze desperate for some copy to post?
    10 Mar, 02:50 PM Reply Like
  • Bio Bull
    , contributor
    Comments (227) | Send Message
     
    Thanks for getting to this, Jason! Completely agree. Including these tickers might give someone the false impression that the science behind these companies is questionable.

     

    I recommend all tickers are removed.
    10 Mar, 02:55 PM Reply Like
  • goinglong2020
    , contributor
    Comments (125) | Send Message
     
    I think SA should clarify this release.
    10 Mar, 02:57 PM Reply Like
  • WavephoreLoser
    , contributor
    Comments (10) | Send Message
     
    In principle, this news ticker should boost the stem cell companies because a potential source of competition has been removed. I'm sure this is what the ticker editor had in mind. ;-)
    10 Mar, 03:09 PM Reply Like
  • asclepius8
    , contributor
    Comments (655) | Send Message
     
    They use human fetal stem cells. Nothing about pluripotent stem cells which come from adults. I don’t understand why CUR was included.
    10 Mar, 03:33 PM Reply Like
  • JKenser
    , contributor
    Comments (344) | Send Message
     
    Looks like the author got the reaction from the inexperienced participants in the market he was most likely looking for. Absolutely zero to do with CUR..
    10 Mar, 03:36 PM Reply Like
  • homebuilder_watcher
    , contributor
    Comments (91) | Send Message
     
    That's the problem here..no one minds the store so to speak and drivel like this gets put on and sent out and attached to stocks potentially impacting stock prices when in fact it is irrelevant.
    10 Mar, 03:36 PM Reply Like
  • Bio Bull
    , contributor
    Comments (227) | Send Message
     
    Well, on the plus side, if it does do that, it could create a buying opportunity!
    10 Mar, 03:57 PM Reply Like
  • jsiebel720
    , contributor
    Comments (171) | Send Message
     
    Added to STEM & PSTI this afternoon. Already overweight ATHX, NBS, CUR
    10 Mar, 04:09 PM Reply Like
  • richroehl
    , contributor
    Comments (12) | Send Message
     
    don't see what the big deal is that CUR "is attached" to this little story. Personally glad to hear about this development; had heard about the guy "making" stem cells a while back. thanks for the update.
    :)
    10 Mar, 04:09 PM Reply Like
  • JKenser
    , contributor
    Comments (344) | Send Message
     
    Because it has nothing to do with CUR.. It was an attempt to mislead investors into thinking that these companies are somehow involved with this process, which they are not.. It caused every one of these stocks to drop soon after it was released because of usual misinformed fear from retail traders.. Its manipulation by association..
    10 Mar, 04:22 PM Reply Like
  • Justreward
    , contributor
    Comments (111) | Send Message
     
    Depends whether you consider one should take responsibility for having a clue about what one invests in or not. Is it really SA's fault if someone holding CUR actually thought the news reflected badly on CUR?

     

    Should legislation be passed to protect the traders who buy stock in companies in which they don't understand anything about, other than they might make money on it?

     

    Is SA obligated to somehow police ever little thing for folks who take less time doing due diligence before they invest than they do whether to hit, stand, split or double down at blackjack?
    10 Mar, 06:04 PM Reply Like
  • JKenser
    , contributor
    Comments (344) | Send Message
     
    Point taken.. And considered..
    10 Mar, 07:08 PM Reply Like
  • Bio Bull
    , contributor
    Comments (227) | Send Message
     
    Interesting approach but I recall a day about some 9 months ago when Mannkind took an incredible dive during the day. Many attributed it to an incorrect posting on the website "fly on the wall." This may or may not have been true, but if information misleads investors and leads to the loss of millions for shareholders, at a mimimum the source loses credibility.

     

    I can't imagine SA's editors would let any of the contributors listed here put out an article with such weak support and no ties to the tickers mentioned. They should have the same standard with headlines.
    10 Mar, 07:25 PM Reply Like
  • JKenser
    , contributor
    Comments (344) | Send Message
     
    I agree Red Bull.. Its more about integrity and honesty with me.. But I guess thats too much to ask for these days..
    10 Mar, 07:40 PM Reply Like
  • Justreward
    , contributor
    Comments (111) | Send Message
     
    I certainly understand and appreciate the point you two are making, but I want to make clear these two points:

     

    1) The "breaking news" here today that a major stem cell discovery might not be so major is not an opinion article meant to provide a bearish or bullish thesis, share one's DD and conclusion, etc. Appears to me to just merely be a "breaking news" blip from SA related solely and specifically to Professor Teruhiko Wakayama's published study. I fail to see any ill intent or hidden agenda in the case at hand.

     

    2) Each investor has the responsibility to do his own DD and to know and understand the business of the companies in which he is invested. Should a sudden and misguided sell-off by ill-informed traders occur, then the well-informed guy will know enough to spot it and take advantage of the opportunity created by those who don't put in the required time into knowing what they own.
    10 Mar, 08:38 PM Reply Like
  • upwithpeople
    , contributor
    Comments (30) | Send Message
     
    This is breaking news? It was on Scientific American.com on 2/18/14.
    Also, it has zero to do with CUR.
    I smell a hit job...
    10 Mar, 04:37 PM Reply Like
  • takethebuck
    , contributor
    Comments (2) | Send Message
     
    This should be positive for CUR considering their IP on producing cells in commercial quantities.
    10 Mar, 04:39 PM Reply Like
  • goinglong2020
    , contributor
    Comments (125) | Send Message
     
    Point is, one guy alleging he can make stem cells and admitting fraud is an isolated event whose only connection to the companies tagged in the "news" release was that they all fell under the banner of having something to do with stem cells. It's like an out of control child star headline - Bieber gets popped for drag racing and vandalism - and tagging Will Smith's kids in the news item - it would suggest they were somehow involved in the Bieber's nonsense.

     

    The point is, Will Smith's kids are fine, upstanding young citizens.
    10 Mar, 09:02 PM Reply Like
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