At least, if you listen to what docs and "practitioners" who run stem cell clinics in various parts of the world, usually where regulation is lax and money from First World clientele is much sought after, that's what you could easily come to believe.
http://scienceblogs.com/insolence/2013/05/06/deregulating-stem-cell-quackery-in-italy/
http://scienceblogs.com/insolence/2013/05/06/deregulating-stem-cell-quackery-in-italy/
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