So the FDA cannot even prevent these rogue stem cell operators in the USA but certainly have their foot on Mesoblast's throat in the interim as they make them jump through hoops spending ten of millions of dollars to demonstrate safety, efficacy etc of our products .... makes you wonder if we receive an FDA approval whether this situation will change or we will continue to compete with these groups ?
https://theconversation.com/stem-ce...expensive-unproven-and-often-dangerous-206548
Stem cell therapies: why they’re expensive, unproven and often dangerous
Rogue clinics selling stem cell therapies are popping up everywhere. There are thousands of them around the world, and they claim to be able to cure everything from autism to cerebral palsy.
The highest concentration of stem cell therapy clinics is in the US, Mexico, India and China. And people are travelling far and wide to get these treatments, leading to a phenomenon known as stem cell tourism.
Despite warnings from scientists, the media and regulators that these treatments are untested and potentially dangerous, desperate people are forking out thousands of pounds to essentially be guinea pigs for these unproven treatments.
In the US, several patients lost their sight after receiving stem-cell treatment for degenerative eye conditions. The patients, who were treated at an unregulated stem-cell therapy clinic in Florida, paid up to US$20,000 (£15,600) to take part in the “clinical trial”.
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