Navigation Links
India's First Stem Cell Transplant Center Launched in Chennai

LifeCell, a pioneer in stem cell banking and research in India, in collaboration with the US-based Cryo-Cell Inc Wednesday announced// here the launch of the country's first stem cell transplant center at Chennai.

Stem cells, obtained from cord blood cells during the childbirth, has the potential to cure over 75 diseases that humans face today as they can be used to repair specific tissues, according to researchers.

The company has invested $4 million to set up the transplant center at the Sri Ramachandra Medical Center of Excellence, which will be fully operational by the end of this year.

"In India the concept of preserving the stem cell is gradually gaining momentum and the potential for this is huge," said Prasad Mangipudi, vice president (marketing) of LifeCell.

The Rs.70 million company is targeting a turnover of Rs.250-300 million for 2005-06.

"We will be investing Rs.500-600 million in expansion through promoter funding but we are also open to private equity funding," Mangipudi added.

"We plan to open collection centers soon in Dubai, Kuala Lumpur, Singapore. Our Dubai center will also have its own collection bank and the Malaysian center is going to be our ASEAN (Association of South East Asian Nations) hub."

LifeCell currently has 18 stem cell collection centers across the country and by March 2009 it plans to increase the number to 31. The centers have so far collected 3,600 samples of stem cells.

"Stem cells have the potential to cure diseases like Alzheimer's, diabetes, heart attack, Parkinson's and many other ailments that can cost human life," Cryo-Cell chief scientific officer Anthony Finch told IANS.

"Indians are gradually learning about its need and potential. However, a proper education on the benefits of stem cell is needed and a proper regulation of the same is very crucial, otherwise the entire concept can be corrupted," Finch emphasise
'"/>




Page: 1 2

Related medicine news :

1. Indias anti-AIDS drug market engaged in price war
2. SARS: Indias drugs in demand
3. Indias Hospitals Among The Best, Says Renuka Chowdhury
4. Indias vaccination project gets a boost
5. WHO Commends Indias Bird Flu Response
6. Minister Of State For Industry Urges Corporate Sectors To Help Indias Disabled Population
7. Indias Economic Boom Pack To Waste Children Life
8. Indias Northeast Students to Get Satellite-based Education Soon
9. Norway Grants $80 mn to Indias Health Mission
10. Pakistani Child is Indias Youngest Liver Transplant Recipient
11. Avian flu-free Status to Boost Indias Poultry Exports
Post Your Comments:
*Name:
*Comment:
*Email:
TAG: India First Stem Cell Transplant Center Launched Chennai

(Date:8/3/2015)... ... ... A July 9 article from USA Today has revealed a ... American Dental Association. According to a study by the American Dental Association, from 2000 ... single year to 2.2 million a year. Dentists and ADA officials all point to ...
(Date:8/3/2015)... ... ... Dignity Health named Dr. Norris A. Baldwin, Jr. the Facility Medical Director of ... The new facility is licensed under Dignity Health Arizona General Hospital , ... an excellent leader and will ensure our new freestanding emergency room delivers the highest ...
(Date:8/3/2015)... (PRWEB) , ... August 03, 2015 , ... Foot ... of a new associate podiatrist, creating the largest medical practice in the Mid-Atlantic region ... ankle medicine. FASMA operates 21 locations with 33 doctors. , Dr. Hetal Kathrotiya-Mago is ...
(Date:8/3/2015)... Louisville, KY (PRWEB) , ... August 03, 2015 , ... ... suffer from lower back pain at least once in their lives. Often time, low ... bulges. Until recently, disc herniations could only be managed clinically with powerful pain medication ...
(Date:8/2/2015)... ... August 02, 2015 , ... ... and connective tissues of a woman’s pelvic organs (uterus, bladder, and bowel) ... heavy lifting, obesity, constipation, multiple vaginal deliveries, genetics, smoking, and the aging ...
Breaking Medicine News(10 mins):Health News:Los Angeles Periodontists Comment on Rising Dental Emergency Room Trips 2Health News:Los Angeles Periodontists Comment on Rising Dental Emergency Room Trips 3Health News:Dignity Health Names Dr. Norris A. Baldwin, Jr. Facility Medical Director of New Freestanding Emergency Room 2Health News:Dignity Health Names Dr. Norris A. Baldwin, Jr. Facility Medical Director of New Freestanding Emergency Room 3Health News:Leading Foot and Ankle Medical Practice Adds Three New Podiatrists 2Health News:Leading Foot and Ankle Medical Practice Adds Three New Podiatrists 3Health News:Leading Foot and Ankle Medical Practice Adds Three New Podiatrists 4Health News:Dynamic Health Care in Louisville, KY, Offers a New and Cutting-Edge Therapy for Low Back & Leg Pain Sufferers 2Health News:Minimally Invasive and Robotic Treatment for Pelvic Organ Prolapse Now Available from the Specialists at Women’s Excellence in Bladder Control 2
... a statement released by Ranbaxy Pharmaceuticals Inc (RPI), they ... Award // from Wal-Mart, the largest chain store in ... of 2005. Wal-Mart Stores is a global company with ... stores and wholesale clubs across 10 countries. , ...
... cells that are responsible for causing epileptic seizures // ... of Medicine have identified glutamate receptor cells in the ... of glutamate when there is brain action that’s associated ... that will affect the protective glutamate receptors in increasing ...
... University of Michigan, who had long earlier published their findings ... ADHD, have come up with the results from the next ... the two. ,The follow up data of the ... who had snored regularly through their childhood are four times ...
... Cancer Institute and collaborating institutions have found sections of ... genes may lurk. , ,In a study ... Research, the researchers used single nucleotide polymorphism (SNP) array ... genes, to identify regions of chromosomes where genes were ...
... Vaccines for prophylaxis are well known. Famous vaccines include ... etc.; Therapeutic vaccines to cure a condition are more ... include the ones against HIV and hepatitis. The therapeutic ... combat an infectious agent, such as a virus. Now ...
... Statins are known to successfully treat atherosclerosis, the narrowing ... whether the drugs could also treat a similar condition ... valve in the heart. , ,According to a ... high doses of cholesterol-lowering drugs actually fail to treat ...
Cached Medicine News:Health News:Possible location of lung cancer genes found 2Health News:Understanding Chronic Infections May Help in Developing Therapeutic Vaccines 2
(Date:8/3/2015)... 3, 2015  EnteroMedics Inc. (NASDAQ: ETRM ), the ... obesity, metabolic diseases and other gastrointestinal disorders, today announced ... to the Board of Directors, effective July 31, 2015.  ... until the 2018 annual meeting or until her successor ... served in an executive capacity in the healthcare industry ...
(Date:8/2/2015)... , August 3, 2015 ... Dechra Pharmaceuticals PLC ("Dechra" or the "Company") is ... purchase agreement ("SPA") with Mr. Marijan Han žeković ... rights) in Genera d.d. ("Genera"), a Croatian listed pharmaceutical ... per share, which is equivalent to €51.4 million for ...
(Date:7/31/2015)... , July 31, 2015  Seeger Weiss LLP is ... (FDA) issued a warning letter to C.R. Bard, the manufacturer ... taking adequate strides to correct violations the agency found at ... these violations after the FDA cited them during Inspectional Observations ... in Bard,s Tempe, AZ , location and ...
Breaking Medicine Technology:EnteroMedics Announces Appointment of Lori C. McDougal to the Board of Directors 2EnteroMedics Announces Appointment of Lori C. McDougal to the Board of Directors 3Dechra to Acquire 63.3% Shareholding (£19.4m) in Genera d.d. Croatia 2Dechra to Acquire 63.3% Shareholding (£19.4m) in Genera d.d. Croatia 3Dechra to Acquire 63.3% Shareholding (£19.4m) in Genera d.d. Croatia 4Dechra to Acquire 63.3% Shareholding (£19.4m) in Genera d.d. Croatia 5Seeger Weiss LLP Reports That The FDA Has Issued A Warning Letter To IVC Filter Manufacturer, C.R. Bard 2Seeger Weiss LLP Reports That The FDA Has Issued A Warning Letter To IVC Filter Manufacturer, C.R. Bard 3
... new 4351 Intramuscular Lead is a unipolar lead ... 4351 lead has a ski needle design for ... designed with a fixed electrode length of 1 ... neurostimulator and is available in 35 cm length. ...
... AwareTM HIV-1/2 OMT test is a single ... for the,detection of antibodies to Human Immunodeficiency ... (HIV-2) in human oral,mucosal transudate specimens. It ... aid in the clinical diagnosis of HIV,infection. ...
... control available with intact red blood cells ... the lysing of the red blood cell. ... with an open-vial stability of 30 days ... when refrigerated. A1c-Cellular is appropriate for immunoassay ...
...
Medicine Products: