Funding for stem cell research is expected to grow significantly between now and 2020.
A recent study conducted by Grand View Research, Inc. predicts strong global growth for stem cell research between now and 2020. This study appears to validate the strategy and direction Grace Century have been employing with regard to Stem Cell research, Regenerative Medicine and the early-growth investment that exist in this field.
?This research references the explosive growth projected in the Stem cell Industry anticipated by 2020, and is a testament why Grace Century had to participate with its portfolio company, Provia Laboratories. The mandate, that we had to find, was how to make money now in a model that wasn?t reliant on finding breakthrough therapies. We knew stem cells was the key?to open the lock?they just hadn?t figured it out yet. This is why the banking of stem cells with a revolutionary new source of Dental Stem cells made sense to us. We could have our company make money today, with a perpetuity revenue stream of future banking, and?not be reliant on fighting the discovery and approval hoops that face new therapies.?Comments Scott Wolf, CEO and Director of Research at Grace Century.
