Induced pluripotent cells could hypothetically be used for the same purposes as embryonic stem cells. They have several advantages over embryonic stem cells. For example, they can be autologous — that is, derived from the host's own cells — and therefore would not cause an immune response. They can also be isolated from patients with genetic diseases to further research into those diseases.
Notably, iPS cells are free of the ethical constraints that overshadow ES cells (Condic and Rao 2008). They are obtained without the destruction of embryos nor with the creation of clones.
More research must be done into iPS cells to ensure that they are safe. To be useful, they must be shown not to cause cancer and not to cause genetic problems related to the use of retroviruses. One day, iPS cells may be the solution to the embryonic stem cell controversy.