While the rest of the world is cautiously experimenting with stem cell therapy, Russian clinics and beauty salons have claimed that they are already using both adult and embryonic stem cells to treat everything from wrinkles to Parkinson's disease to impotence.
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News-Medical-Net reports

In an Australian first, UNSW researchers have developed three clones of cells from existing human embryonic stem cells. The breakthrough could lead to new treatments for conditions such as diabetes, Parkinson's disease and spinal cord injury.

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San Francisco emerged as the early front-runner to land California’s new $3 billion stem cell headquarters after its incentive-laden bid scored the highest marks among the four cities named to a short list of contenders.

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Sangamo BioSciences, Inc. (Nasdaq: SGMO) today announced publication of data that demonstrates the use of the Company's zinc finger DNA-binding protein (ZFP) technology to achieve highly efficient, permanent correction of a disease-causing gene in primary human cells. This research, published in Nature as an advance online publication, represents a significant advance in the ability to specifically and efficiently modify the human genome and provides the scientific foundation for potential therapeutic approaches for a variety of genetic disorders and infectious diseases.

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A diabetes epidemic is under way. According to the World Health Organization (WHO), an estimated 30m people worldwide had some form of diabetes in 1985; by 2000, the number had increased to 177m. WHO projections suggest that the number of people suffering from the disease will increase to some 370m by 2030.

Source: Research And Markets
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A bill that would allow embryonic stem cell research in Massachusetts cleared its second big legislative hurdle on Thursday with enough support to withstand a near-certain veto by the state's governor.

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Most of the opposition to stem cells stem from the assumption that human embroys are required for stem cell production. However recent research indicates other viable sources (like placenta) of stem cells. The following appears to me a very promising avenue.
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A paralysed man in the US has become the first person to benefit from a brain chip that reads his mind.

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"Positron Emission Tomography is being installed at AIIMS next month, through which we will get the final proof of our work on heart patients. All the patients would be screened for finding how viable our work was and would also study various heart tissues of the patients metabolically," Dr P Venugopal, director AIIMS, said. 

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