LA JOLLA, Calif., Sept. 20, 2016
LA JOLLA, Calif., Sept. 20, 2016 /PRNewswire/ -- "Stem cells have arrived and have captivated the scientific and medical communities. With this excitement comes responsibility and with this responsibility comes regulation," said the Chief Scientific Officer of StemGenex, Steven A. Brody, M.D., Ph.D., in his presentation to the Food and Drug Administration (FDA) at the Public Hearing held on September 12 and 13, 2016, at the National Institutes of Health (NIH) located in Bethesda, MD.
The purpose of the public hearing was to obtain comments on four Draft Guidances of Human Cells, Tissues and Cellular and Tissue-Based Products relating to the regulation of adult stem cell therapies. The event was heavily attended by nearly 500 attendees and 90 speakers which included national health care professionals, researchers, accrediting organizations, and patients. Representatives of StemGenex were overwhelmed by the heartfelt testimonials from patients who have had their lives changed by adipose-derived stem cell treatments.
A majority of the speakers advocated for continued access to safe and effective adult stem cell therapies. Others advocated for adult stem cells to be regulated as a drug, which could potentially delay patient access to life-changing therapies. The regulatory pathway to market a new drug is a very long process, which under the best circumstances can take 10 to 15 years at a cost of tens of millions of dollars.
In his presentation, Dr. Brody asked the FDA to consider the following changes as they finalize the guidances:
"Organizations such as the AABB are ideally suited to safely guide and regulate the use of adipose-derived stem cells," said Dr. Brody. "The AABB established regulatory framework would require stem cell treatment centers to meet standards that would ensure public safety."
Amending the draft guidances as related to the above recommendations would be a positive step towards providing medical professionals with the ability to offer their patients an option where there is little hope for unmet clinical needs.
"StemGenex will tirelessly advocate for stem cell treatment and access to the healing benefits of their own cells," said Chief Administrative Officer Rita Alexander. "We believe that stem cells are key to advancing the future of medicine."
StemGenex Medical Group is committed to helping people achieve optimum health and better quality of life through the healing benefits of their own stem cells. StemGenex provides access to stem cell therapy options for individuals suffering with inflammatory and degenerative illnesses. Committed to the science and innovation of stem cell treatment, StemGenex sponsors five clinical outcome studies registered with the National Institutes of Health for Multiple Sclerosis, Parkinson's Disease, Rheumatoid Arthritis, Chronic Obstructive Pulmonary Disease (COPD) and Osteoarthritis. These have been established to formally document and evaluate the quality of life changes in individuals following adipose-derived stem cell treatment.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/stemgenex-presents-at-fda-hearing-in-washington-dc-300330648.html
SOURCE StemGenexPR Newswire
Last updated on: 20/09/2016
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