Category Archives: Related News

Where is the money flowing? Into regenerative medicine

April 19th News Story ImageA recent report from Goldman Sachs, featured in an article on News Max Finance strongly indicates that regenerative medicine is continuing to be a an attractive option for investment.

The GS report is entitled “The Coming Age of Regenerative Medicine”, and to quote from it “venture capital in companies pursuing regenerative medicine increased from $296 million in 2011 to $807 million in 2016, growing roughly 34% year-over-year.”

The report also states that 80 regenerative-medicine companies have gained investment with the last 3 years, representING approximately 50% of the top VC deals in 2015 and 2016.

Grace Century President and Director of Research Scott Wolf said “This continues to show that our research was right 6 years ago. Regenerative medicine is the new Gold Rush.”

Read the full article on News Max Finance here

Variable cost of MRI has big impact for American healthcare consumers

Doctor fees

A recent article in Business Insider looks at what Americans are currently paying for their healthcare – and the conclusion is that the average American is paying than ever before.

According to the article, more than 50% of American workers pay up to $1,000 up front for their healthcare plans – and this cost runs into several thousand dollars when it comes to specialist services such as getting an X-ray or MRI.

In addition, these costs can escalate significantly if the procedure takes place in a hospital compared to an imaging centre – the research upon which the report is based, which surveyed over 14,000 locations, states that hospital MRI rates were significantly dearer than a stand-alone imaging center.

Scott Wolf, President and Director of Research for Grace Century said “Costs depending on where you go is the whole logic behind our portfolio projects idea for Medxiall. The Business Insider article explains this clearly”

Read the full article here.

Could 2017 be the Year Of Telemedicine? Opinion From Alice LaPlante

Pulse Trace on Smart Phone and Stethoscope

A recent opinion article from Alice LaPlante of CenturyLink, where she speaks about the bright future of telemedicine, has recently been published on forbes.com

The article looks at the current state of telemedicine and opines on the many and wide benefits it can offer across the board, from large healthcare organisations through to small family GP practices – and most importantly, patients.

The key talking points of the article are:

  • The Current State of Telemedicine
  • The Benefits of Telemedicine
  • What Doctors Need to Make Telemedicine Work

This is an excellent and insightful article, please read it in full here

 

Space – the perfect environment for culturing stem cells

Stem Cells article march 2017Transporting stem cell cultivation to the earth’s orbit could play a key role in the faster rate of growth of stem cells for clinical use, according to a recent article in the International Business Times

Preliminary research has shown that the microgravity environment of the International Space Station actively increases the growth rate of stem cell, and researchers have now confirmed that human stem cell are being cultivated on the ISS for trials back on earth.

The trial are specifically researching  mesenchymal stem cells (found in the bone marrow), hematopoietic stem cells (which can grow into all other blood cells) and leukemia cancer stem cells (responsible for leukemia, or cancer of blood-forming tissues).

Abba Zubair, a researcher at the Mayo Clinic in Jacksonville, Florida who is directly involved in the research said “What is unique about this investigation is that we are not only looking at the biology of the cells and how they grow, but focusing on application, how we can use them to treat patients”.

In a statement, NASA said that the long term goals of the research were to develop a safe and reliable clinical grade stem cell bioreactor in space for commercial use and to understand the biology of stem cells and the progression of cancer stem cells.

Scott Wolf, Director of Research for Grace century commented ”It’s only a matter of time before stem cells are regularly cultivated in this manner, given their massive potential for effective clinical treatment of many diseases”

Read the full article here.

Dubai Health Authority to roll out Salama in 2017

Patient medical record browse on tablet in someone hand on white background.

Dubai Health Authority (DHA) has announced that Salama, its electronic medical record (EMR) system, will be rolled out in three phases this year, according to a recent article in Computer Weekly.

11,000 DHA staff will be trained to use Salama in 2017, which already contains 1.4 million patient records and has experienced 112 million transactions. The three phases will be rolled out in April, August and November of this year respectively

Amani Al Jassmi, director of information technology at the DHA, said “Salama marks the transformation of our medical services as it re-engineers the entire process, unifying 25 applications through a single interface. The records system will bring together information about radiology, laboratory, dental, dietetics and so on under one single system.”

Scott Wolf, President and Director of Research for Grace Century, commented, “As always, Dubai continues to lead the world in healthcare reform, by giving patients more control over their own health. Like our Portfolio project, the Quantum Group (and it’s platform PWeR™), patient portals are key by empowering people over their own records.”

Read the full story on Computer Weekly here

 

BBC Journalist Hails the Benefits of Stem Cell Treatment – From Her Own Personal Experience!

BBC_News.svgBBC journalist Caroline Wyatt has gone public about how stem cell therapy helped lift the “brain fog” she has been experiencing as a result of suffering from Multiple Sclerosis.

Caroline had originally been denied a place on a UK National Health service  (NHS) trial – however she was determined to ensure that she was treated with stem cell therapy and paid $60,000 for a stem cell transplant in a private hospital in Puebla, Mexico in January.

After the treatment Caroline said she was “feeling better than I have done in a long time”.

She said she had been inspired by “people who had been in wheelchairs, or people who had been struggling to walk or to think or to speak clearly had come back after the treatment and, if you were a lay person, you’d say they looked cured, if you were a medic, you’d probably say they were in remission.”

Having had the treatment 3 weeks ago, Caroline said that the best thing that had happened was the lifting of the “brain fog” that she had experienced.

Grace Century President and Director of Research Scott Wolf said “Yet another positive, real-life example of the benefits of stem cell therapy – from no less a source than the BBC – highlights just how pioneering and exciting the future of stem cell therapy could be.”

Read the full article on the BBC website here.

Stem Cells: The Next Treatment for Anti-Aging?

field of fat cells, High quality 3d render of fat cells, cholesterol in a cells, structure of the molecule, cells and capillaries

A study from the Perelman School of Medicine at the University of Pennsylvania has indicated that stem cells collected directly from human fat are more stable than other cells – with strong potential for acting as an anti-aging treatment, according to a recent article on Zee News.

The study findings – which were published in the journal Stem Cells – demonstrated that adipose-derived stems cells (from human fat) have greater potential than previously thought for making proteins.

“It also shows these cells can be potentially used safely in the future, because they require minimal manipulation and maintenance,” according to lead study author Ivona Percec. “That means these cells could be far more stable and helpful as we continue to study natural aging,” Percec noted

Grace Century President and Director of Research commented “This is our portfolio project Provia’s sweetspot – stem cell from adipose tissue is going to be big”

Read the full article on Zee News here.

Store-A-Tooth – Helping In The Future Treatment of Type 1 Diabetes?

smile-n-teeth-1623902A recent article on Fox News chronicles the story of Juno Wozniak, who diagnosed with Diabetes when just 11 months old

Her mother Billie Sue had feared her daughter was an risk of a significantly shorter life span, however she soon learned about encapsulation therapy, in which an encapsulated device containing insulin-producing islet cells derived from stem cells is implanted under the skin. She then discovered Store-A-Tooth, and subsequently Juno had 4 teeth extracted and stored so her stem cells could be cryopreserved and potentially used for future encapsulation therapy.

Billie is aware that this approach is“a risk”  and she “doesn’t know for sure if it will work out,” however there is an increasing body of medical evidence to suggest that stem cell therapy has huge potential for future treatments of multiple illness, with type 1 diabetes being high on the list of possibilities.

Read the full Fox News article here.

Electronic Medical Records System Salama To Be Launched in Dubai This Year

equipo-medico-1-1421300As recently reported by Arabian Business, Dubai Health Authority (DHA) has announced that Salama, its electronic medical record system, will officially be launched this year  in three phases and aims to give patients access to their medical record through a patient portal, ensuring that the electronic patient medical record is available across the DHA health facilities.

So far 1.4 million DHA patient medical records and 112 million transactions have been transferred to the Salama system and 11,000 DHA staff will be trained on how to use the system in 2017, it added.

Humaid Al Qatami, chairman and director general of the DHA said that Salama will not only benefit patients by providing them with online access to their medical records but it will help improve patient outcomes by ensuring that the electronic patient file follows the patient across the DHA network of health facilities.

Grace Century CEO Scott Wolf commented, “Once again, Dubai is on the cutting edge of healthcare. Our project electronic medical records project, Quantum, also sees the patient portal as crucial.”

Read the full story by clicking here.

MediXall Group, Inc. Announces Formation of an Advisory Board and Its First Appointment

intro-imageYahoo! News has reported that MediXall Group, a technology and innovation-driven organization structured to bring effective change to the U.S. healthcare industry, has announced that it will an Advisory Board that will be comprised of healthcare industry professionals, vendors/suppliers, and consumers. The group have also announced the appointment of the first Advisory Board member, Mr. Scott Herman.

Mr. Herman has held both appointed and elected governmental positions, as well as the U.S. Small Business Advisory Council under House Speaker, Newt Gingrich. As a former member of the U.S. Armed Forces where he served in combat and non-combat roles, Mr. Herman earned numerous awards, including an Army Commendation Medal, Army Achievement Medal, and a Southwest Asia Service Medal. Now living as a combat-disabled veteran, he is uniquely qualified to advise on issues related to veterans and individuals living with disabilities.

Mr Herman commented “I welcome the opportunity to be a part of the MediXall Group, Advisory Board. I am looking forward to providing my expertise and knowledge to a company that is dedicated to creating technological solutions that will empower patients and the healthcare industry to offer better services and equipment, at reduced costs, with greater transparency. This makes the industry stronger for everyone.”

“We are assembling a team of Advisors that will guide MediXall to provide powerful solutions to the challenges experienced by practitioners, suppliers, and consumers in the Healthcare Industry,” stated Noel Guillama, Chairman of MediXall Group, Inc. “We are very pleased to welcome Scott Herman to our Advisory Board, as he brings decades of experience as both a government and business administrator, plus expertise in the field of veterans’ health and the needs of those living with disabilities.”

To read the full story on Yahoo! News click here