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Reading Summary of the Article The Hoarding Economy of Endometrial Stem Cell Storage - Assignment Example

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The writer of this paper states that stem cell is a remarkable innovation in biotechnology sciences. Undoubtedly, stem cell innovation has created new hope for the future generation. While such a fact indicates the positives of stem cell innovation in medical science…
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Reading Summary of the Article The Hoarding Economy of Endometrial Stem Cell Storage
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It is noteworthy in this context that Fannin (2013) supposes such invention to empower C’elle and increase its monopolistic power within the global periphery to an extent, which might in future fuel ethical issues. From a general perspective, as Fannin (2013) argued, embryonic stem cells are the most “pluripotent” of human stem cells, which can develop a specialized smaller range of cells for the human body. Stem cells thus help to developed fat cells, muscle cells, cartilages and bone cells, skin cells, and tendon cells, helping the human body to cure. As per Fannin (2013), owing to its immense medical significance, the industrial importance of stem cells is also not ignorable. With its high applicability in the medical field, the demand for the same is quite likely to increase in manifold in the near future. Under such circumstances, commercial enterprises, such as C’elle, may find it quite worthy of investment wherein a degree of monopolistic control on the price of the product shall offer greater financial as well as competitive returns (Fannin, 2013). Conclusively, Fannin (2013) reveals the dual effects of industrializing stem cell wherein ethical issues might erupt as a major concern.   Read More
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