OCDA obtains $7.8 million settlement against two Orange County companies accused of selling fetal tissue for profit

By KELLY PUENTE | kpuente@scng.com | Orange County Register
December 8, 2017 at 6:16 pm
SANTA ANA – The Orange County District Attorney’s Office has obtained a $7.8 million settlement in a civil lawsuit against two Yorba Linda medical companies accused of illegally profiting from the sale fetal tissue and stem cells.

Under the agreement filed Friday in Orange County Superior Court, DaVinci Biosciences and its sister company, DV Biologics, must permanently close all business operations in California and pay the $7.8 million by donating assets and biological materials to a medical school, officials said.

The companies must also pay $195,000 in civil penalties and have admitted liability in the case, prosecutors said.

“This settlement seized all profits from DV Biologics and DaVinci Biosciences, which they acquired by viewing body parts as a commodity and illegally selling fetal tissues for valuable consideration,” District Attorney Tony Rackauckas said in a statement....CLICK THIS LINK FOR THE REST OF THE STORY AT https://www.ocregister.com/2017/12/08/ocda-obtains-7-8-million-settlement-against-two-orange-county-companies-accused-of-selling-fetal-tissue-for-profit/

Prosecutors said the companies collected fetal tissue donated by abortion providers and then advertised and sold hundreds of units of tissue and stem cells to research facilities around the world, collecting hundreds of thousands of dollars each year in revenue. ...CLICK THIS LINK FOR A SIMILAR STORY * 2 O.C. companies accused of selling aborted fetal tissue for profit leads to D.A. lawsuit * AT https://www.ocregister.com/2016/10/13/2-oc-companies-accused-of-selling-aborted-fetal-tissue-for-profit-leads-to-da-lawsuit/