Biological science is being bombarded with problems of HIV, cancers, thousands of genetic disorders, obesity, diabetes, microbial infections, biological warfare, SARS and degenerative organ diseases of the lung, liver, kidney and heart. A big question today is the promise of stem cells. Will stem cells one day be good enough to save the sinking Noah's Ark of human health? This review attempts to give an overview of stem cells and the scientific factors revolving around it. Keywords: adult stem cells (ASCs), embryonic stem cells (ESCs), human embryonic stem cells (hESCs), hemopoietic stem cells (HESCs), stem cell markers, pluripotency, plasticity IPC Code: Int.Cl. 7 : C12N5/22 Introduction In the 1900s, biological sciences took a big leap in the field of molecular biology, with the discovery of hereditary material DNA, the blue print of life. With the most prestigious project of biology completed today i.e., the 'Human Genome Project', the field of therapy still has numerous unsolved mysteries ranging from treatment of common cold to HIV. In this situation today, stem cells, our own cells from human body give us a chance of hope for a healthier future. The issue of stem cell research burst on the scientific scene in 1998 when researchers reported the isolation of embryonic stem and embryonic germ cells, which offer great promise for new ways of treating diseases. Stem cells are unspecialized or undifferentiated cells that have the unique ability to give rise to many different cell types such as skin, liver, kidney, heart, neuron or other organ cells 1,2 . They also possess the property of self-duplicating for indefinite periods of times and are thus present as adult stem cells in most of the organs of the body including blood and bone marrow 2 . Stem cells are of two types, the adult stem cells as mentioned above and embryonic stem cells, which originate from one of the earliest stages of development of the embryo, the blastocyst stage 3 . More specifically, the embryonic stem cells (ESC's) are derived from the inner cell mass of the blastocyst stage (Fig. 1, Table 1) i.e., before the blastocyst implants itself in the uterine wall. Most importantly, the ESC's are pluripotent. This means that they are capable of self-renewal and differentiating into almost any cell type in the body including the cells of all the three germ layers 3-6 . In contrast, the adult stem cells (ASC's) are unspecialized or undifferentiated cells that are found in differentiated tissues 3 . The ASC's possess the ability to differentiate into the cell type from the tissue of its origin and play a role of replacing damaged cells of the particular tissue or organ. ASC's can be found in the bone marrow, blood stream, cornea and retina of the eye, dental pulp of the tooth, liver, skin, gastrointestinal tract and the pancreas. However, there is not much evidence that ASC's unlike the ESC's are pluripotent 4 . Adult stem cells usually divide to generate progenitor or precursor cells which then differentiate to develop into mature cell types that have characteristic shapes and specialized functions 3,4 . Embryonic stem cells are derived from embryos created through in vitro fertilization (IVF) 17,22 . IVF technology has made it possible to carry out fertilization in vitro and grow embryos in the laboratory 18 . Traditionally, this technology has allowed for many otherwise infertile couples to have children 15 . During this process, the embryos created offer a potential source for human embryonic stem cells 19,20 . However, their use has raised ethical and policy issues, due to which their utilization is restricted.