Absolutely not true.
Search FR and you'll find many articles concerning the highly effective application of adult stem cells in the cure of existing medical problems. Adult stems cells are current, effective medical technology.
You can also follw this link:
http://www.kressworks.com/Politics/issue_query.php?Issue=stem+cells&issues=Submit+Query
to get more info.
I can't remember when I've seen such a silly statement on FR.
You are dead wrong.