Stem Cell Therapy Scam in Treating Multiple Sclerosis

by Julia Samuel on  January 20, 2015 at 5:28 PM Genetics & Stem Cells News
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A client of Winnipeg-based Company has claimed the company to be fraudulent, as it had publicised its ability to improve the lives of Multiple Sclerosis patients through stem cell therapy.
Stem Cell Therapy Scam in Treating Multiple Sclerosis
Stem Cell Therapy Scam in Treating Multiple Sclerosis

The CEO of Regenetek Research Inc for treatment collects thousands of dollars from Canadian patients.

Lee Chuckry, 47 is one among the patients questioning the research and credentials. He has been living with MS for nearly two decades.

"MS just keeps progressing, that's what it does. Hopefully I could stop it. That was my ultimate goal," Chuckry said in an interview with CTV News.

His efforts led him to Regenetek, and it's CEO: Doug Broeska. For $35,000, Regenetek patients were flown to India for the procedure. Chuckry was one of the participants. But when he returned home, he says his symptoms worsened.

In testimonials, MS patients attributed miraculous medical improvement to experimental stem cell therapy.

"I'm going to call Doug a con artist," Chuckry said. "You are preying on people who are desperate. They are looking for hope of any sort."

The University of Manitoba where Broeska claimed he received his degree and doctorate from has said there is no record of him graduating. He operates as a medical researcher without proper credentials.

None of the allegations have been proven in court, and Broeska has not been criminally charged. In a statement to CTV News, Regenetek wrote, "Its clinical study is being mischaracterized in the media."

While clinical trials are underway in Canada, doctors do not require patients to pay thousands of dollars to take part and no stem cell therapy has received Health Canada approval for treatment of Multiple Sclerosis.

Source: Medindia

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