Advanced Cell Medicine

StemGenex clinic bankruptcy reveals surprises including huge revenue

Stemgenex

How much money and how many patients do stem cell clinics like San Diego’s StemGenex make each year? A new court document has some insights from an unexpected angle. I’ve been following StemGenex for years here on The Niche. It’s been a rollercoaster ride. Things hit a new low today, perhaps marking the operational end …

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In dark augur for clinic industry, court allows class action suit by 100s against Stemgenex

Stemgenex

In the latest blow to the unproven stem cell clinic industry, a California federal district court judge just granted class status to a lawsuit against the fat stem cell clinic Stemgenex. (update: Stemgenex has since filed for bankruptcy). What this means in practical terms is that the lawsuit alleging fraud in marketing by the clinic …

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StemGenex, unproven clinic sued by patients, morphs into Advanced Cell Medicine?

Holly-Bergen-StemGenex

The  unproven stem cell clinic StemGenex appears to now be called Advanced Cell Medicine. StemGenex is facing a proposed class action lawsuit by patients and it also recently received an FDA warning letter. StemGenex is notable too in that it seemed to be considering taking some extreme action against perceived critic websites including potentially the …

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