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Tuesday, May 06, 2014 9:25:53 AM
What "economic state" or "scientific state" of the so called "regen market"?
I can list "most" of the public traded stocks on the U.S. markets (certainly the U.S. exchange, and probably even a few off the U.K. markets) that would be known as "stem cell" or "regen" related (they're mostly all listed on a well known stem cell web site) - and the vast majority are penny stocks, today, now at this point in time. Several are totally delisted by the SEC- not even remaining on even the "pinks", no longer even allowed to trade. Several are not only "pennies" but have market caps of a "few" $million dollars or less now.
One can easily list out their present share price and market caps and cash on hand versus debt, etc- and as an "industry", if the companies that have "gone public" are some sort of "aggregate" snap-shot, it ain't a pretty picture, IMO. I can't think of another biz segment off the top, where so many OTCBB or "pinks" are clustered in one segment (maybe Canadian "mining" is an example. Maybe the dot.com bust of 2000, sunk as much coin down failed businesses?)?
The "scientific" portion? There's exactly ONE, FDA approved "Stem cell" so called "treatment" for anything as of this date, that I'm aware of? One. That's it. And for example, many experts in the field (Duke University, lead researcher on the 60 minutes piece as an example- states 10 yrs, maybe 12 yrs minimum for "anything" to be commercially available among the vast claims of "treatments" that were displayed in that investigative journalism piece).
http://www.cbsnews.com/news/stem-cell-fraud-a-60-minutes-investigation-26-08-2012/
Thus, the "scientific" portion is far from "proven science" IMO, and is not even close to prime time yet, as in commercially approved "treatments", as evidenced by the general research/scientific and regulatory community IMO.(everything is deemed "experimental" at best, and in this country can only be done under FDA "research or experimental basis" that I'm aware of?)
http://www.fda.gov/forconsumers/consumerupdates/ucm286155.htm
"FDA Warns About Stem Cell Claims
Search the Consumer Updates Section
Stem cells, sometimes called the body’s “master cells,” are the precursor cells that develop into blood, brain, bones and all of your organs. Their promise in medical treatments is that they have the potential to repair, restore, replace and regenerate cells that could then be used to treat many medical conditions and diseases.
But the Food and Drug Administration (FDA) is concerned that the hope that patients have for cures not yet available may leave them vulnerable to unscrupulous providers of stem cell treatments that are illegal and potentially harmful.
FDA cautions consumers to make sure that any stem cell treatment they are considering has been approved by FDA or is being studied under a clinical investigation that has been submitted to and allowed to proceed by FDA.
FDA has approved only one stem cell product, Hemacord, a cord blood-derived product manufactured by the New York Blood Center and used for specified indications in patients with disorders affecting the body’s blood-forming system."
That FDA statement is current as of today on their Federal govt run, regulatory web site, as far as I am aware.
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