The prevailing school of thought contents that mesenchymal stem cells (MSCs) do not express CD34, and this sets MSCs apart from hematopoietic stem cells (HSCs), which express CD34. However, the evidence for MSCs being CD34- is largely based on cultured MSCs, not tissue-resident MSCs, and the existence of CD34- HSCs is in fact well documented. Furthermore, the Stro-1 antibody, which has been extensively used for the identification/isolation of MSCs, was generated by using CD34+ bone marrow cells as immunogen. Thus, neither MSCs being CD34- nor HSCs being CD34+ is entirely correct. In particular, two studies that analyzed CD34 expression in uncultured human bone marrow nucleated cells both found that MSCs (BMSCs) existed in the CD34+ fraction. Several studies also found that freshly isolated adipose-derived MSCs (ADSCs) expressed CD34. In addition, all of these ADSC studies and several other MSC studies observed disappearance of CD34 expression when the cells were propagated in culture. Thus, available evidence points to CD34 being expressed in tissue-resident MSCs, and its negative finding being a consequence of cell culturing.