July 13, 2020

The Niche

Knoepfler lab stem cell blog

Stemgenex

6 min read

Last year around this time I took my annual plunge to make 20 predictions for the coming year for the stem cell and regenerative medicine field. I even made a crystal ball graphic to highlight the complexity of the stem cell ecosystem into which these predictions were embedded (see image) for 2019. How’d I do? Below I grade my 20 predictions for this year. You can in addition see my grading of my 2018 predictions here. In the next week or so I’ll also …Read More

2 min read

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 of the company, but we’ll see. StemGenex has marketed non-FDA approved fat stem cells for a variety of health conditions. Their marketing is central to a patient class action …Read More

3 min read

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 firm amongst other allegations will proceed and may have 100s of patients involved. Many of these people paid nearly $15K per treatment to the company. Presumably some customers got …Read More

2 min read

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 California Stem Cell Agency, CIRM. Could it be trying to put some of the past behind it? A reader of The Niche tipped me off in the comments recently …Read More