Orange County Man Pleads Guilty to Felony Distribution of Unapproved Drug

Published on August 28, 2024

An Orange County man who ran a company that marketed stem cell-based products linked to multiple hospitalizations is expected to be sentenced next month for illegally selling a drug that lacked U.S. Food and Drug Administration (FDA) approval. John Kosolcharoen, 53, most recently of Rancho Santa Margarita, pleaded guilty Aug. 26 to one federal count of introducing an unapproved new drug into interstate commerce with the intent to defraud and mislead, according to the U.S. Department of Justice. Kosolcharoen is currently in custody serving a sentence for a separate, unconnected conviction. According to court documents, beginning in 2016, Kosolcharoen created two companies, the Irvine-based Liveyon LLC and the San Diego-based Genetech Inc., to manufacture and distribute injectable stem cell products made from human umbilical cord blood....