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Thank heavens you're in a sensible country with proper health care and a rational view of the value of stem cell transplants!
Stem cell transplants as a treatment for Multiple Myeloma are relatively common place here in the US (I assume the US is the target of your ire here).
The stem cells are essentially harvested from your own body. Your immune system is then essentially zapped and the harvested stem cells are then re-introduced to help build your immunities back up again. It is a long, slow process, but it's an incredibly effective treatment for many with this condition.