Stem cells have potential for treating many diseases due to their ability to differentiate and regenerate tissues. Before clinical use, stem cell therapies must undergo rigorous preclinical testing including in vitro and in vivo studies to evaluate safety and efficacy. Clinical trials then proceed in phases, starting with small patient numbers to assess safety followed by larger trials to assess effectiveness. The FDA regulates stem cell products and requires an investigational new drug application prior to clinical use. Safety considerations for stem cell therapies include immunogenicity, tumorigenicity, and infection risk. Not all patients are eligible for stem cell therapy which requires consideration of disease type, donor availability, and health status. Close monitoring of patients is important following stem cell treatment.