Search Results for: lawsuit

Intellicell Inspected By FDA: What Does It Mean?

IntelliCell (SVFC) is a stem cell company that does cosmetic stem cell procedures. They’ve had a number of challenges of late including an FDA warning letter about a year ago and apparent financial issues manifesting in lawsuits. Now the company itself, perhaps trying to get ahead of the news, issued a press release (PR) saying they […]

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Stem cell company Intellicell facing new financial wrinkles

Intellicell

It’s difficult to make it as a biotech company, I would say stem cell biotechs in general may have an even rougher time, and one such company,  Intellicell (Intellicell Biosciences, Inc), is showing a number of signs of distress in my opinion. An online financial tool predicts the probability of companies going bankrupt within the next

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RNL Bio files IND with Korean FDA to transplant adult stem cells to treat cerebral palsy: what’s the scoop?

The Korean-based stem cell biotech, RNL Bio, which also does business in the U.S. as RNL Bio and Human Biostar Inc, reportedly (seems to be a press release, PR) has filed an investigational new drug (IND) application with the Korean FDA (KFDA). The purpose of the application is to test the efficacy of autologous adult stem cells

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What was the strangest event for stem cells in 2012? Pick from top 5 in poll

Every year around this time I put my “best of” the year in stem cells including awards such as my Stem Cell Person of the Year Award. For example here are the 2011 awards. This year I’m also trying with difficult to decide on what was the craziest thing for stem cells that happened in

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Texas Judge Issues Complicated Restraining Order in Celltex v. RNL Bio/Human Biostar tussle

Today, a judge issued a complex, temporary restraining order (PDF here, provided by Celltex) regarding Texas stem cell company Celltex and Human Biostar Inc (HBI)/Biostar, former partners who are now in conflict and have sued each other. For more background see here, here, and here. Note that while both parties have sued each other, the judge’s ruling

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Chinese scientist sues Nobel Committee for defamation over awards to Yamanaka and Gurdon

A scientist named Dr. Rongxiang Xu has, according to the newspaper The Australian, sued the Nobel Prize Committee for giving the award to Yamanaka and Gurdon and not him. Xu is quoted in the article that he “discovered ‘regenerative cells’ in 1984. The suit filed in S. California, alleges libel and unfair competition. The Australian

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Celltex and former partner RNL Bio/Biostar sue each other: what’s going on?

Celltex is a stem cell company in Texas most well known for Guv Rick Perry’s stem cell transplant. The Celltex business model is to isolate, amplify, and bank patients’ stem cells for subsequent treatment by physicians (for more background including on the FDA role see here and here). Until the last few weeks, an important element

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WSCS2012: outstanding panel discussion on legal challenges to stem cell research

It was near to a stem cell wonk’s heaven to be in the audience for a panel discussion, entitled Understanding the Legal and Policy Challenges to Stem Cell Research, here at the World Stem Cell summit in Florida late this afternoon. The stellar panel included Jeanne Loring of Scripps, Beth Roxland of Hofstra University and formerly of

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