Earlier quoted context omitted.
What's your point? Not having proper oversight is a different beast than big pharma trying to gain control. I've spent nearly $100,000 over the last 3 years on stem cell treatments because they permanently heal injuries. I researched doctors and clinics first, felt them out along with their knowledge, and then have done plenty more than a single treatment with them because they proved to know what they were doing. Ce…
Who do you propose should do the oversight of stem cell treatments, if not the FDA? One person's "proven" is an anecdote. Scientific clinical trials are how we actually demonstrate efficacy (versus the very real placebo effect), safety, etc. Plus, there's the bonus of actually proven procedures being easier to get insurance to cover, which should be appealing to someone who's shelled out six figures.
Whatever organization has oversight of that doctors should have oversight - that doesn't negate the challenges of regulatory capture that is occurring.
That you're completely dismissing my own personal experience, that I'm willing to spend $100k of money I'd much rather spend elsewhere, shows just how dismissive you are. I didn't argue my own experience as part of the data that does exist relating to stem cell treatments either, like you're seeming to counter argue with.
You should probably dive into the existing research, and not depend on using whatever mainstream sources you've used to develop your narrative and arguments - seems you're falling into the narrative mainstream media wants you to follow.