The owner of Liveyon admitted to misleading people about the cause and severity of the adverse effects of the unapproved drug.
The head of a company based in Southern California may spend the next few years in federal prison after he distributed an unapproved stem cell drug linked to multiple hospitalizations.John Warrington Kosolcharoen, 53, faces a maximum sentence of three years in federal prison after he pleaded guilty to one count of introducing an unapproved new drug into interstate commerce with the intent to defraud and mislead. He is currently serving a sentence for a separate, unrelated conviction.
'When unscrupulous providers offer umbilical cord blood stem cell products and treatments that are both unapproved and unproven, they put consumers' health at risk, and multiple users of this firm's products in fact suffered adverse events,' FDA special agent in charge Robert Iwanicki said.In 2018, 12 people in three states needed to be hospitalized for bacterial infections after taking Liveyon products, according to the FDA and the Centers for Disease Control and Prevention.
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