The stem cell clinic StemGenex was sued almost a year ago related to allegations about their marketing claims. This proposed class action suit, Moorer v. StemGenex, now includes five named patients involved as one can see from the new fourth amended complaint court document. The five total named patients involved in the suit include four new ones Alexandra Gardner of Colorado, Stephen Ginsberg of California, Jennifer Brewer of Montana, and Rebecca King of Arkansas, and then the original plaintiff Selena Moorer, who is a resident …Read More
“Are you a motivational speaker?” is how a recent stem cell job ad for a sales position related to stem cell clinics begins. This ad that popped up on Monster earlier this summer is a revealing window on stem cell clinic practices. What’s inside, in my opinion, is cause for concern. Lately we’ve seen more and more ads for stem cell clinics targeted to patients, but this particular ad is a job opening and it kind of spills the beans on what the clinics are doing and their financials. …Read More
Reposted from my book, Stem Cells: An Insider’s Guide.
Over the years I’ve been keeping my eyes open for advertising by stem cell clinics and lately the trend is big splashy ads in mainstream media including large daily newspapers such as the SacBee, the San Francisco Chronicle, and now the Seattle times (see below from today’s). These kinds of big ad buys on front or back pages can cost tens of thousands of dollars or more. What this means generally is that clinics are already earning or hope to make hundreds of thousands or millions …Read More