Stem Cell Based Clinical Trials Get the Green Light

According to this article on outsourcing-pharma.com the FDA has given the green light to first clinical trials of a stem cell based therapy. The clinical trials of the treatment GRNOPC1 uses stem cells to regrow damaged spinal cord cells in patients with acute spinal cord injury. The approval of this treatment comes at a time when George Bush is no longer the president. Now that Obama is in office, will we see more clinical trials approved by the FDA?