This seems to be an old problem, just like cancer research and other popular diseases. The group that patents the Cure for AIDS or the common cold or whatnot will undoubtedly make ungodly ungodly money selling at a premium. Therefore, private research groups refuse to share their data, and a cure that might have been found long ago will take decades longer, just so a few folks can hit a jackpot (at our expense, of course).

Measures like a universal healthcare system would help deter turning cancer patients into a revenue source, but by giving the initiative to private investors, he is only encouraging it.

I see no moral navigation at work. Given his view of a stem cell as a life, and with the government-unabated greed of certain scientists, an experiment which might have been accomplished once in the public domain will be repeated countless times by each individual group to get the same data. Imagine the demand for that number of lives needed. Imagine the business!