![]() ![]() Studies in pre-clinical models of pediatric brain injury such as Traumatic Brain Injury (TBI) and neonatal hypoxia-ischemia (HI) have contributed to our understanding of the roles of endogenous stem cells in repair processes and functional recovery following brain injury, and the effects of exogenous stem cell transplantation on recovery from brain injury. There has been a growing interest in the potential of stem cell transplantation as therapy for pediatric brain injuries. 3Department of Anesthesiology and Critical Care, Children's Hospital of Philadelphia, Philadelphia, PA, United States.2Department of Neurobiology and Anatomy, Drexel University College of Medicine, Philadelphia, PA, United States.1Graduate Program in Neuroscience, Drexel University College of Medicine, Philadelphia, PA, United States.348-300858-18 in Tarrant County District Court.Dana Lengel 1, Cruz Sevilla 2, Zoe L. Neil Riordan, Ph.D., Individually and d/b/a Riordan Medical Institute et al., Case No. I wonder if we’ll see more clinic operators suing each other? That might parallel an increasing number of lawsuits by clinic customers against clinics too. Of course, I don’t know the details of Riordan and McKenna’s financial arrangements in general or related to stem cell clinics, but this press release itself is quite interesting and provides some new insights. I found nearly identical RMI logos for both the Riordan-McKenna Institute and the Medical Institute Clinic on the web too (see composite above). Note that Riordan is not a physician but his RMI does have an MD on staff per the website. It’s the Riordan Medical Institute instead. When I searched the web for “Riordan-McKenna Institute” the first hit is oddly enough something called RMI Clinic, but it wasn’t the Riordan-McKenna Institute. Riordan continued to operate the clinic at the same location using the RMI initials but doing business as the “Riordan Medical Institute,” removing Dr. Riordan schemed to transfer RMI’s assets to another company that he owned. Trial lawyers from Boyd, Powers & Williamson presented evidence that Dr. Wade McKenna out of his ownership stake in the Riordan-McKenna Institute, or RMI, in Southlake, Texas in 2018. “Jurors found that defendant Neil Riordan conspired to lock Dr. The victorious attorneys claim that Riordan set up a parallel clinic that competed with Riordan-McKenna Institute: The legal dispute is centered on this clinic. This Texas firm, called Riordan-McKenna Institute, or RMI, has operated for a number of years. However, Riordan has also been active in the U.S. That clinic markets different kinds of stem cells for many conditions, but I’m most familiar with their “stem cells for autism” offerings. Riordan is well known for running a stem cell clinic in Panama called The Stem Cell Institute. The verdict included $5 million in punitive damages.īecker’s Spine Reviewalso covered the verdict, perhaps in part based on the PR. “A jury has awarded a $7.8 million verdict to a North Texas physician and stem-cell treatment innovator after finding that his business partner locked him out of the clinic they jointly owned and siphoned off assets to a competing clinic set up at the same location.” It almost but not quite goes without saying that a press release by the winning attorneys (Boyd Powers Williamson) is going to present a one-sided view of things, but even so this sounds like quite a loss for Neil Riordan. This verdict against Neil Riordan in a clinic caseĪ press release by the attorneys for the plaintiff again Riordan has the details on this stem cell clinic verdict. ![]() In today’s post we are discussing a court verdict by a stem cell clinic doctor against Riordan. It can be hard to get insights into how much money these clinics are raking in, but occasionally a court case will reinforce that this is a big money industry. ![]() Some clinic leaders do want to help patients too, but most I’ve encountered aren’t very focused on that side of things. In my opinion, most often it really boils down to making money. Notice any similarities? Stem cell clinic lawsuitĪs background, why do those running stem cell clinics keep offering unproven stem cells? Riordan-McKenna Institute and Riordan Medical Institute logos found on the web. Those who follow the stem cell field might be familiar with stem cell clinic operator Neil Riordan.Īccording to a recent press release and some news reports, Riordan just had some bad news in court related to a stem cell clinic in the U.S.
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