The document summarizes current trends in cell therapy, including: 1) Attempts to expand hematopoietic stem cells for clinical use have not achieved long-term engraftment, though total CD34+ cells are expanded with benefits. 2) Cord blood banking trends involve improving quality over quantity, and cord blood may be used for non-hematological diseases. 3) Over 3000 patients have been treated safely for heart diseases with cell therapy, and the field is growing rapidly though mechanisms are better understood as trophic rather than differentiation.