More medical fraud exposed ~ Saving that umbilical cord? “Well-meaning parents being fleeced by the stem cell bankers.”
US scientists warn of fraud of stem cell ‘banks’
http://www.breitbart.com/article.php?id=CNG.105438b304ce29f342ec5b5998c470f9.01&show_article=1
“Clinics that offer to “bank” stem cells from the umbilical cords of newborns for use later in life when illness strikes are fraudsters, a top US scientist said.”
“Clinics in many countries allow parents to deposit stem cells from their neonate’s umbilical cord with a view to using the cells to cure major illnesses that could occur later in life…”
“Irving Weissman, director of the Institute of Stem Cell Biology and Regenerative Medicine at Stanford University in California, said the well-meaning parents were being fleeced by the stem cell bankers…”
“Weissman said these ‘unproven stem cell therapeutic clinicians’ tend to set up shop in countries with poor medical regulations, but AFP found websites for umbilical cord stem cell banks in European Union member states and in the United States.”
“‘They do the therapies, then they let the patients go on their own, short of maybe 50-150,000 dollars for a therapy that has no chance — taken away from a family that needs them when they have an incurable disease,’” Weissman said.”
“‘It is wrong.’”
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