IN THE NEWS - SPRINGHILL GROUP COUNSELLING - Stem Cell Treatments in South Korea - PowerPoint PPT Presentation

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IN THE NEWS - SPRINGHILL GROUP COUNSELLING - Stem Cell Treatments in South Korea

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World’s 2nd stem cell drug batch to get thumbs-up: A new batch of stem cell-based medicines—only the world’s second so far—is set to be approved this month by South Korean authorities. Two South Korean biotechnology firms expect their stem cell drugs—Cartistem, a treatment of damaged cartilage produced by Medipost Inc. and a stem cell-based anal fistula drug by Anterogen Co.— to be approved by the Korea Food and Drug Administration (KFDA) – PowerPoint PPT presentation

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Title: IN THE NEWS - SPRINGHILL GROUP COUNSELLING - Stem Cell Treatments in South Korea


1
IN THE NEWSSPRINGHILL GROUP COUNSELLING
  • Everything You Discuss

2
Stem Cell Treatments in South Korea Cartistem
RNL Bio Stem Cell Deaths
  • Worlds 2nd stem cell drug batch to get
    thumbs-up A new batch of stem cell-based
    medicinesonly the worlds second so faris set
    to be approved this month by South Korean
    authorities.
  •  

3
  • Two South Korean biotechnology firms expect their
    stem cell drugsCartistem, a treatment of damaged
    cartilage produced by Medipost Inc. and a stem
    cell-based anal fistula drug by Anterogen Co. to
    be approved by the Korea Food and Drug
    Administration (KFDA)

4
(No Transcript)
5
  • Mediposts Cartistem is a drug for treating
    degenerative arthritis and knee cartilage
    defects.
  •  
  • We are currently reviewing documents
    additionally submitted by each company.
    Permission will be issued sooner or later, a
    KFDA official said on condition of anonymity.
  •  

6
  • If Cartistem and Anterogens anal fistula
    treatment medicine get the green light, they
    could be available on the market within a month
    or two, according to market watchers.
  •  
  • According to experts, because the drugs do not
    use analogous stem cells from patients, these can
    be mass-produced and its quality can be
    maintained better but stem cells from other
    people.

7
  • Last July, South Korea became the worlds first
    country to approve a stem cell-based drug called
    Hearticellgram-AMI that is used to treat acute
    myocardial infarction.
  •  
  • The drug is produced by FCB-Pharmicell, a company
    based in Seongnam, south of capital city Seoul.

8
Stem Cell is a Medicine Korean Supreme Court
Ruling
  • Are stem cells considered as medicines? If you
    are in South Korea, the answer according to a
    recent Supreme Court decision is Yes. Hence,
    stem cell therapies must require approval from
    the Korea Food and Drug Administration before
    they are administered on patients.

9
  • According to the Korea Times, the Korean Supreme
    Court upheld a lower courts decision which ruled
    in favor of patients who underwent stem cell
    transplantation in a Seoul clinic but found no
    improvement.

10
More from Korea Times
  • Justice Min Young-il ruled in favor of
    60-year-old Choi and eight others who filed a
    suit against Kim, an operator of a clinic in
    Seoul, because the stem cell transplantations
    they had received were not as effective as they
    were told they would be.

11
  • Min said, Stem cell use is considered a medicine
    if it was extracted from the human body for
    treatment purposes. The clinics transplantation
    without approval from the Korea Food and Drug
    Administration is a violation of the
    Pharmaceuticals Law.

12
  • Moreover, the use of stem cells was still
    undergoing debate at the time and the practice
    was still in the experimental stage.
  •  
  • The clinic was ordered to pay anywhere between 16
    and 30 million won to each of the nine plaintiffs
    for having failed to fully explain the risks
    associated with the practice and for providing
    uncertain information about the much-hyped
    treatment.

13
Stem Cell Treatment Safety Patient Deaths After
Stem Cell Injections
  • Are stem cell therapies safe? Check out the story
    below about safety concerns surrounding RNL Bio,
    a South Korean biotechnology firm, and the death
    of its patients following stem cell treatments in
    China and Japan.

14
  • Questions regarding the safety of stem cell
    treatments continue to land in the news. Earlier,
    the death of a baby who underwent therapy at the
    Xcell Stem Cell Center in Germany became the
    subject of news stories by The Daily Telegraph.

15
  • Now a biotechnology company in South Korea, RNL
    Bio, is at the center of a controversy following
    claims that its patients died following stem cell
    treatments in Japan and China. The stem cell
    treatment is not approved by health authorities
    in South Korea so RNL Bio directs its patients to
    other countries.

16
  • The company is contesting suggestions that the
    two patients died because of the treatment they
    received and contends that the deaths and the
    therapy they received are not related at all.
  •  
  • Another patient is claiming that he developed
    cancer on his neck just weeks after he had stem
    cell injections in China. RNL Bio CEO Ra
    Jeong-chan also disputes this claim.

17
More from the Korea Times
  • There has been no scientific evidence reported
    here or elsewhere that stem cell injections can
    be the cause of cancer or cardiovascular disease.
    In fact our studies with the Seoul National
    University (SNU) suggest that stem cell
    injections rather help suppress such
    conditions, Ra said at a Seoul news conference,
    which had a circus atmosphere as RNL employees
    tussled with a group of five or six people,
    claiming themselves to be victims of faulty stem
    cell treatments, who attempted to enter the
    conference room.

18
  • Ra added to the drama by bringing up one of his
    clients, who didnt reveal his name but spoke
    emotionally about how the stem cell treatment he
    received in China saved him from having to have
    his foot amputated, which was severely damaged
    due to a diabetes-related infection.

19
  • The 73-year-old patient who died in Japan was a
    former surgeon, who had been in a state of
    fatigue, probably due to the flight, and failed
    to inform Japanese doctors that he previously had
    heart surgery before the stem cell injections.
    The patient who received stem cell treatments in
    China didnt die there, but in a Korean hospital
    after failing to wake up from anesthesia, so its
    hard to see the cases being related, Ra said.

20
  • According to Ra, RNL has so far introduced around
    8,000 of its patients to foreign clinics that
    provide stem cell treatments. The company is
    currently conducting a trial of treatment methods
    for difficult conditions, such as spinal cord
    injuries and Buerger disease, but has yet to gain
    approval from the Korea Food and Drug
    Administration (KFDA).

21
  • Ra claims that RNL has no particular business
    connections with the clinics in Japan and China
    it has been directing its clients to.
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