keeping it real - facts only

Ok ok too much excitement here so time to bring in the calvary for a bit of tempered evaluation

Please any LT holders with indepth knowledge feel free to respond to the following statement:


http://www.********.au/2015/02/20/is-cynata-therapeutics-ltd-set-for-blockbuster-returns/#

"However investors should beware of getting too excited, since the actual effectiveness of MSC cells in treatment has yet to be fully validated, and clinical trials are only in the early stages of planning.

Phase 1 clinical trials – out of a potential three time consuming and expensive Phases – are only in the planning stage, and the full evaluation of any new treatment generally takes several years from Phase 1 to full regulatory approval.


Now, would the writer be correct in this statement.

yes I've been told that this phase 1,11,111 trails for this technology is not like drug development phases (which take many many years and millions in costs) as it is more just a get it approved through validation of the process, however for companies to use the technology, surely the governments and regulators would need to have extensive reliable, unbiased validation over an extended period of time to even allow this stem cell process to be allowed?

Comments

try be nice, just asking the question.