So, the deconstruction of ES cells as the “only hope” for “cures” continues apace. Now, South Korean researchers have been able to grow pancreatic beta cells from stem cells taken from the umbilical cord blood. And, the cells made from umbilical cord blood stem cells secrete insulin.

The technology looks promising: In true biotech form, the researchers wrote a peer reviewed journal article and filed for patents.

Quick: Somebody tell Mary Tyler Moore.