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Stem Cell Industry Insider Mercedes Walton Discusses President Obama's Stem Cell Executive Order
Date:3/17/2009

- Mercedes Walton, Chairman and CEO of Cryo-Cell International and C'elle(SM), Welcomes President Obama's Stem Cell Decision -

OLDSMAR, Fla., March 17 /PRNewswire-FirstCall/ -- As the CEO of Cryo-Cell International, the nation's most established private family cord blood bank, Mercedes Walton has been an active participant in the stem cell and cord blood industry since 2000. She has seen first-hand the changes that have taken place over the past decade and is pleased by President Obama's Executive Order, signed March 9, 2009, which reverses a 2001 Executive Order banning federal funds for embryonic stem cell research.

"We are excited to hear the news that President Obama reversed existing legislation regarding the use of federal funds for stem cell research. Although there is much work to be done to formulate ethical practices and policies on how best to proceed with certain forms of stem cell research, the American public can certainly find common ground in our collective interest to develop advanced stem cell therapies that may provide new breakthrough cures and treatments for a multitude of life-threatening and devastating diseases in the future," said Walton.

The Executive Order is lauded as affirming the American government's belief in scientific progress and offers hope of better treatments and cures to millions of Americans suffering from debilitating diseases such as stroke, heart disease, diabetes, Alzheimer's and Parkinson's. The Executive Order reflects the opinions of a majority of Americans who support increased federal funding for stem cell research due to the expansive lifesaving potential it holds.

Walton went on to say, "As a global industry leader in stem cell innovation, the responsible and productive use of stem cell research is of the utmost importance to all of us at Cryo-Cell and C'elle."

A pioneer in the non-controversial stem cell arena, Walt
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SOURCE Cryo-Cell International, Inc.
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