Whilst i do not claim to be any sort of authority on the subject i believe the following to be correct. Others more in the know, please correct me if i'm wrong.
1. In theory yes but at the moment only in theory. I'm sure you are aware that stem cells have the ability to become any other type of cell in the body, e.g. heart, liver, brain etc. The problem is getting them to behave in the way you want them to. Whilst it may be possible sucess rates are low and there have recently been reports of faked results in stem cell technology (New Scientist 24/31 December).
2. This I dont know. I will guess saying that whilst very pure ethanol might do some damage in general I think it is something else (although what i dont know) that causes ulcers. Otherwise lots of people who drink alcohol, especially spirits, would have ulcers.
3. Again, i'm not too sure but I doubt ethanol is carcinogenic. Those who drink regularly do not end up with cancer of mouth, throat and esophagus which, if ethanol were a carcinogen, you would expect with the frequent exposure.
Whilst these answers seem right they may well not be. They are educated guesses so dont rely on them too much.
I hope this helped anyway.