Guest guest Posted April 23, 2010 Report Share Posted April 23, 2010 60 Minutes " blasts stem cell therapy clinic. CBS's " 60 Minutes " has aired a half-hour report about stem-cell treatments claimed to cure cancer, amyotrophic lateral sclerosis (ALS), multiple sclerosis, and Parkinson's disease. The treatment is marketed by Lawrence Stowe at Stowe Bio Therapy in La Mesa, California and administered in Mexico at the " Rio Valley Medical Center " operated by operated by J. Morales, whose medical degree came from CETEC, a Caribbean school that was later shut down for selling diplomas. After a hidden camera taped them trying persuade an ALS patient to pay $125,000 for a " permanent fix, " a CBS producer confronted the pair about what happened. [21st century snake oil: " 60 Minutes " cameras expose medical con men who prey on dying victims. CBS News, April 18, 2010] http://www.cbsnews.com/stories/2010/04/16/60minutes/main6402854.shtml The program exposes Stowe as a psychopath who lies without batting an eyelash about the treatment and alleged credentials and affiliations. It is probably the finest character study of a quack in action ever broadcast. After learning about the situation, the FDA announced that it would investigate. Stem cell therapy has great potential, but no commercial clinics should be regarded as trustworthy. A researcher affiliated with the International Society for Stem Cell Research has found more than 200 of them marketing through the Internet. Stowe promotes his treatments through the Stowe Foundation, a nonprofit corporation, founded in 2003 and " dedicated to the study of the human immune system and the body's natural ability to heal itself from chronic illness. " In a brochure apparently intended to raise $10 million from private investors, Stowe Biotherapy Inc. falsely claimed to have an " FDA-approved stem cell based approach to regenerative healing " and projected a net income of $71 million by its third year of operation. http://www.quackwatch.org/11Ind/stowe/investment_brochure.pdf Dr. Morales is a codefendant with Immunosyn Corporation and others in a class-action suit alleging that he sold the plaintiff an alleged multiple sclerosis cure that turned out to be water or a dilute salt solution with no active ingredients. http://www.casewatch.org/civil/immunosyn/campbell_complaint.pdf Quote Link to comment Share on other sites More sharing options...
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