I only saw it on the German television news, and that means it was pretty fluff-oriented, but the impression I had was that they simply withdrew some of her bone marrow, treated this in a lab, and injected it into the heart muscle.
I don't even know the precise nature of the ailment that was corrected, just that they stressed the difference in price tag to a traditional surgery.
I think your parent had some sarcasm in the last sentence that you missed. Embyronic stem cells need government funding because no sane entrepreneur would waste his money on a treatment that has no chance of working. Or at least that's what I understood.
Unfortunately, I think the real story is that if someone gets embryonic stem cells to work somehow, he will patent the process to make a fortune out of it. The pharmaceutical companies want to get to this holy grail, but don't want to risk their own money on a long shot, so they demand government funding. Whereas the adult stem cells are saving lives today (but not getting the pharmaceutical companies rich). I heard a couple years ago about a German experiment that cured a congenital heart disfunction with donor-supplied stem cells. This cost a total of 200 or 300 euros.
If a subordinate asks you a pertinent question, look at him as if he had lost his senses. When he looks down, paraphrase the question back at him.