Stem cells are undifferentiated cells that can renew themselves and differentiate into specialized cell types. There are two main types of stem cells: embryonic stem cells found in blastocysts and adult stem cells found in tissues. Adult stem cells act as a repair system, replenishing tissues through differentiation. In developing embryos, stem cells can differentiate into all cell types but in adults maintain regenerative organs. Sources of adult stem cells include bone marrow, adipose tissue, blood, and umbilical cord blood. Induced pluripotent stem cells are derived from reprogrammed skin or blood cells enabling development of cells for research and therapy.