Induced pluripotent stem cells (iPSCs) are derived from adult somatic cells that have been genetically reprogrammed to an embryonic stem cell-like state. In 2006, Shinya Yamanaka and Kazutoshi Takahashi showed that the introduction of four transcription factors (Oct3/4, Sox2, c-Myc and Klf4) could convert somatic cells into iPSCs. iPSCs have similarities to embryonic stem cells in that they are pluripotent, can self-renew indefinitely, and can differentiate into various cell types. iPSCs hold promise for applications in regenerative medicine, disease modeling, drug discovery, and personalized medicine.