At Memorial Sloan-Kettering, stem-cell biologist Lorenz Studer has received money from Project A.L.S. and the Starr and Michael J.

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Memorial Sloan-Kettering's Studer spent years trying to transform adult stem cells into neurons to study why they die off prematurely in Parkinson's disease.

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According to Nick Studer of Oliver Wyman, a consultancy, some have a dedicated sales team with the job of pushing banks up the table at the end of each quarter, often by agreeing to reduce fees.

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Dr Lorenz Studer, head of the Stem Cell and Tumor Biology Laboratory at the centre, and the lead researcher on the study, told BBC News Online that the study was "proof of principle" that cloned embryonic stem cells could be reliably transformed into a variety of useful cell types.

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