I’m on a roll with my stem cell predictions for 2013 (see all 10 here).
First, I got it right with my #1 prediction that the Supreme Court would take a pass on the Sherley v Sebelius Case.
Now, I read from excellent science writer David Cyranoski at Nature that Celltex is going to be offering their treatments in Mexico, my prediction #6. Apparently Celltex sent a letter to patients advising them of the move to Mexico for treatments.
In my Dec. 27, 2012 post I wrote:
“6. Celltex moves part of its business to Mexico or another overseas location.This move may manifest in them routinely shipping patients’ stem cells out of the U.S. to be transplanted by doctors into patients in other countries. A big question is whether any transplants of Celltex stem cells will take place at all in the U.S.”
So far that makes me 2 for 2 on my predictions. We’ll see how the rest of the year pans out.
I have an email to Celltex asking some questions about this development. If they answer, I’ll let you know.
Awesome predictions, Paul. So in your opinion, how bad is this for the business of stem cell research in America?
Out of curiosity, what are your thoughts on Dr. Rongxiang Xu, the scientist who was able to induce stem cells In Situ? It seems like his patents are a great alternative to transplants. I’d be interested in hearing your opinion, especially given the accuracy in your predictions.
His patents: http://bit.ly/12qxESa
Great question. I’m looking into it…complicated! Stay tuned.
Not exactly rocket science….Celltex indicated they were considering Mexico when the FDA overstepped their bounds in October of last year…
Hey Bill, do you have a link for that “Celltex indicated…” statement?
I question use of the phrase “overstepped their bounds”. I believe they are perfectly within their bounds to protect citizens from unproven medical products.