Two bioscience companies have reached a $7.785-million settlement with the Orange County district attorney’s office over allegations that they illegally sold fetal tissue to companies around the world.
DV Biologics LLC and sister company DaVinci Biosciences LLC, both based in Yorba Linda, must cease all operations in California within 60 to 120 days. The agreement also requires the companies to admit liability for violations of state and federal laws prohibiting the sale or purchase of fetal tissue for research purposes, prosecutors said.
Also named as defendants in the settlement were company principals Estefano Isaias Sr., Estefano Isaias Jr. and Andres Isaias.
About $7.5 million of the settlement is the estimated scientific value of a planned donation of the company’s adult biological samples, tissues and cells to a nonprofit academic and scientific teaching institution affiliated with a major U.S. medical school.