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California voters in November 2004 approved Proposition 71, creating a US$3 billion state taxpayer-funded institute for stem cell research, the California Institute for Regenerative Medicine. It hopes to provide $300 million a year.
The institute was created in 1921 by Dr. Belisario Porras, to honor Dr. William Crawford Gorgas, who eradicated yellow fever in Panama. This achievement allowed the construction of the Panama Canal. Gorgas Memorial Laboratories was inaugurated in 1928 on Arosemena Avenue.
Stem cell tourism is the part of the medical tourism industry in which patients travel to obtain stem cell procedures. [109] The United States has had an explosion of "stem cell clinics". [110] Stem cell procedures are highly profitable for clinics. The advertising sounds authoritative but the efficacy and safety of the procedures is unproven.
Stem-cell therapy uses stem cells to treat or prevent a disease or condition. [1] As of 2024, the only FDA-approved therapy using stem cells is hematopoietic stem cell transplantation. [2] [3] This usually takes the form of a bone marrow or peripheral blood stem cell transplantation, but the cells can also be derived from umbilical cord blood.
Cryo-Cell International, Inc. is a cord blood bank. It was founded by Dan Richard in 1989. Cryo-Cell International is the first private cord blood bank to separate and store stem cells. Cryo-Cell is headquartered outside of Tampa, in Oldsmar, Florida. In January 1997, the Company's stock began trading on the NASDAQ Small Cap market under symbol ...
Astellas Institute for Regenerative Medicine is a subsidiary of Astellas Pharma located in Marlborough, Massachusetts, US, developing stem cell therapies with a focus on diseases that cause blindness. It was formed in 1994 as a company named Advanced Cell Technology, Incorporated (ACT), which was renamed to Ocata Therapeutics in November 2014. [3]
In May 2012, Osiris received the first regulatory clearance in the world for a systemically administered stem cell drug, [11] called Prochymal or remestemcel-L, [12] which was approved for pediatric Graft-versus-Host Disease (GvHD). It was subsequently approved in Japan for Crohn's disease and the European Union for perianal fistulas. [13]
The National Oncologic Institute or ION (Spanish: Instituto Oncológico Nacional) is a specialized hospital for cancer treatment, located in Panama City, Panama. Between August 2000 and March 2001, patients receiving radiation treatment for prostate cancer and cancer of the cervix received lethal doses of radiation, resulting in eight fatalities.