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Off Topic on Adult (=regenerative) cell technology, but very much related i.e. pills and drugs of which we do not know if they work
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TOPIC: Cosmetic tourism

Cosmetic tourism 27 Feb 2013 12:19 #217

  • myownhedgefund
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No mention of Cytori or stem cell treatments but you would think we would be able to get at least some action here !!!

Gangnam, South Korea Is Becoming The Plastic Surgery Capital Of Asia

A crowd of young women wait nervously in the lobby of a popular plastic surgery clinic in Apgujeong, the affluent neighborhood at the heart of Gangnam.

Photographs of Korean pop singers and actresses line the walls, winsome customers who smile next to their cosmetic surgeons.

“It’s painful, but I really want a face like those Korean actress girls,” says a Chinese patient leaving a check-up — with her nose wrapped in a surgical bandage.

Many customers have traveled to this neighborhood — home to some 400 cosmetic surgery hospitals — all the way from China, Japan and Southeast Asia. They’re hoping to take home a little “Gangnam style” for themselves.

That isn’t just a Psy reference. Gangnam is popular from an Asia-wide trend made famous over the past decade: the popularity of Korean television shows and pop singers known as the “Korean Wave.”

Plastic surgery is a lucrative trade in South Korea, with citizens edging out Greece, Italy and the US as the most cosmetically enhanced people in the world.

It’s also attracting a torrent of medical tourists. In 2011, the country’s income from medical tourism income reached $116 million, double from five years earlier, according to government statistics.

At the Grand Plastic Surgery Clinic, surgeons offer procedures for the rounded eyes and pointy nose — just a few examples — that are a standard of beauty in Asia.

The Grand Clinic is one of many of Gangnam’s most successful ventures, attracting celebrity customers and offering regular tours to Korean television crews. “A lot of people want to be like they are in Hollywood,” said Huh Chul, a cosmetic surgeon. “There is glamour to it.”

For a neighborhood that amounts to the Beverly Hills of Seoul, the prices aren’t ghastly. An eyelift costs around $1,500 to $2,000, while a nose job, hovers around $3,000 to $4,000 depending on the hospital.

But don’t be mistaken. In South Korea, this is no longer a woman’s pastime. Men are getting their faces restructured in big numbers, too.

The tourism factor

In 1996, South Korea joined the club of developed countries, the OECD. It was the first major landmark that signified the country was gathering the expertise and technology to build a plastic surgery industry.

In the mid-2000s, as the Korean Wave picked up momentum, the nation saw a corresponding boom of travelers seeking medical procedures in Seoul. Grand Plastic Surgery Clinic started out with a single doctor working in a subway station, but grew to include some 30 doctors during those years, said Huh Chul, the doctor.

More recently, South Korea has been trying to appeal to medical tourists. Seoul is setting itself up as a hub competing with Thailand and India, but offering more reliable medical expertise and higher quality facilities.

For tourists, plastic surgery is the second most popular procedure behind internal medicine.

But the Korean Wave is only one factor boosting plastic surgery.

“Korea also offers price competitiveness and quality,” said Jiyun Yu, a senior researcher at the Korea Tourism and Culture Institute, a policy think-tank in Seoul. “We are not behind the American doctors in terms of expertise.”

Celebrity underworld

The booming plastic surgery industry comes with a shady side. In late January, Seoul prosecutors announced they were launching a wide-reaching investigation into celebrities who abuse Propofol — a powerful anesthetic used in the operations.

The intravenously injected drug quickly puts patients to sleep after exhausting days of rehearsals, performances, and fan pressure. Addiction contributed to the death of Michael Jackson, who was addicted.

In December, police raided seven hospitals in Gangnam, alleging that several clinics have been prescribing Propofol illegally to celebrities for non-medical purposes. Bringing in celebrities is good for advertising.

So far, prosecutors have called in two prominent Korean actresses for questioning over their supposed abuse of the narcotic.

Even though one in five South Korean women admits to going under the knife, the practice hasn’t entirely shed its stigma.

South Korean men — especially older ones — revile the idea of dating or marrying a "sung-gui," slang for “plastic surgery monster.” The lewd term refers to a person who has lost natural beauty to inappropriate botox injections and surgical treatments, giving off a fake and sometimes bloated appearance.

But given the pressures of this fiercely competitive society, others say an eye-tuck and facelift are prerequisites to getting ahead.

“You don’t understand!” exclaimed a university student at a pub, who asked not to be named after she went through three operations. “To be Korean is to get plastic surgery. You must do it, or young people will think you’re weird.”

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Cosmetic tourism 27 Feb 2013 17:11 #218

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Yes- CRS.
This is where Cytori has treated 4000-5000 patients, possess all the IP you can dream of and also have therapeutic claims on procedures that NEVER will be reimbursable.

The claims from August 2012-

The Celution® 805/CRS consumable set, in conjunction with the Celution® 800/CRS device and
Celase®, are intended to digest adipose tissue in order to further extract, wash and concentrate stromal
stem cells and other associated progenitor cells intended for autologous re-implantation or reinfusion for
use in:
Plastic & reconstruction procedures to replace, repair, reconstruct, or augment:
Surgical soft tissue defects, such as those seen in the breast due to mastectomies and
Liposuction defects, such as those seen in the abdomen, back, thighs and buttocks
Congenital asymmetry of soft tissues, such as those seen in the breast or face
Anatomically deficient soft tissues, such as those seen in the breast, buttocks and face
Soft tissue wasting disorders, such as those affecting the hands and face

What more is there to get approval for? Nada really.

So why arent we selling this like crazy in Mexico, India and places like that???????

Or sell the business for big money?

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Board moderator and Site-owner. I still regret the day I started analysing the prospects of MacroPore (now Cytori) back in 2004- a left-over from the tech-bubble at that time from the century change in my portfolio- and became addicted to Cytori´s fat cell technology. :cry:

Cosmetic tourism 27 Feb 2013 18:11 #219

  • myownhedgefund
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I am sure you remember my thoughts on India...its been what 2 years ???

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