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Grace Century’s Portfolio Project Board Member Asked to Serve on Bahamian Pre-Clearance Stem Cell Ethics Committee

Ras Al Khaimah, UAE (PRWEB) February 12, 2015

Private equity and international research consultancy, Grace Century’s portfolio company, Provia Laboratories, LLC, has announced, just days after the provisional approval of the firms new entrance into the Commonwealth, that Dr. James A. Manganello has been invited to serve on a newly formed “pre-clearance team” for future entities applying for activity in the Caribbean nation.

The purpose of this team, led by Dr. Desiree Cox, Rhodes Scholar, MD, Ph.D., MPhil, is to provide quality control of the stem cell research and stem cell therapy applications submitted to the Bahamian National Stem Cell Ethics Committee.    

"This further demonstrates Provia’s leadership in this field. Provia has advised pharmaceutical/biotech companies and consulted on multiple initiatives within the National Institutes of Health (NIH) in the field of biobanking for many years now. The team has established itself as a group of thought leaders in the field of bio-banking and stem cell science,” Scott Wolf, CEO of Grace Century, commented.

“The commonwealth continues to fortify its vision for establishing the nation as a true global force in health care innovations and in the future of the stem cell industry,” Wolf added.

“I am truly honored to be invited to participate on such an important team,” Dr. Manganello said. “The Bahamian government, with the help of local businesses, the medical community, and local investors, are trying to attract the best technologies from around the world, and to establish itself as a destination for innovative healthcare. I am excited to do my part to help ensure the highest quality and standards are adhered to.”

About Grace Century
Grace Century FZ LLC is an International research and private equity consultancy located in Ras Al Khaimah, (north of Dubai) in the United Arab Emirates (UAE). Grace Century specializes in “game-changing” life science and health related private equity projects.

About Provia Laboratories, LLC
Headquartered in Littleton, MA, Provia Laboratories, LLC is a healthcare services company specializing in high-quality bio-banking (the collection, transport, processing and cryogenic storage of biological specimens). Provia Labs offers the Proviasette™ product range for use in bio-banking environments to improve sample logistics, security and quality. The company manages and promotes its own bio-bank for a dental stem cell banking service, Store-A-Tooth™, which gives families the option to store stem cells to protect their children’s future health and take advantage of advances in stem cell therapies. Provia advises industrial, academic and governmental clients on matters related to the preservation of biological specimens for research and clinical use. Provia Labs is a member of ISBER, the International Society for Biological and Environmental Repositories, as well as ESBB, the European, Middle Eastern & African Society for Bio-preservation & Bio-banking. For further information about Provia Labs’ products and services, call +1 (781) 652-4815 or visit

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