A 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
Annual Investment Meeting (AIM) Startup 2017 kicked off in Dubai, under the patronage of his Highness Sheikh Mohammed Bin Rashid al Maktoum, Vice President and Prime Minister of the U.A.E. and Ruler of Dubai. In cooperation with the Ministry of the Economy, and over 3 days, attendees were able to network and listen to presentations with multiple speakers from different niches within finance.
The event is a platform where disruptive Start-ups gather to present their innovative products and services on a truly global stage.
The discussions gave a unique insight to the present and future climate that ‘Early” stage firms might be confronted with. These included many discussions from Building Global companies all the way to the “Do’s and Don’ts” with the interaction of Government agencies. The event was highlighted by providing a platform for 84 young companies, from many countries, to have an opportunity to be in front of interested funding partners.
Grace Century Members Jennifer Doyle, Vice President of Administration and CEO, Scott Wolf attended. Wolf comments “I was thoroughly impressed with the innovations brought to the competition, especially the high concentration of companies from the Emirates. It is a testament to how the country has provided a nurturing infrastructure and why it is home to some many “incubators””.
Presenting to the groups were Start-ups and early stage firms coming from Food & Beverage, Agriculture, Renewable Energy, Healthcare, and Education.
Scott Wolf concludes “Expos like this are not only invaluable to see possible “project flow” for our firm, but to keep on finger on the rapidly changing landscape in this stage of firms and the changing technologies. The fact that it was in our “backyard” of Dubai was an added benefit”.
It has been announced that Grace Century President and Director of Research Scott Wolf has has appointed to the Business Advisory Board of Provia Laboratories LLC, Grace Century’s dental stem cell storage project partner.
Scott has tirelessly worked to help Provia with many important business functions since becoming involved with them in 2014, including contributing to Provia’s overall strategy, new business & market development, and raising of capital. Though the Grace Century members’ network, almost $10 million of funding has been secured for Provia.
Read Provia’s full press release on Scott’s apportionment here.
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.
Transporting 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.
MediXall Group Inc. ( OTCQB : MDXL ) has reported a successful launch of its program to recruit and enlist licensed and certified Diagnostic Centers, medical services, medical product providers and Physician Practices to its Member Network. According to an article on Yahoo! Finance News, the initiative has been a success with, several Medical Centers joining the program.
MediXall Group Founder and Chairman, Mr. Noel J. Guillama, said “An estimated 10 percent of US citizens do not have any health insurance and another estimated 27 percent of the U.S. population have high deductible health care plans.” MediXall’s business plan is based on bringing competitive pricing and availability of medical services directly to the consumer, and the reception from practice managers to the Company’s plans has been reflected in the strong embracement of the member network program.
Guillama added “The online marketplace is a well-established model for utilizing the power of competition to empower the consumer, we are now bringing this model to healthcare, in an era of growing deductibles and escalating healthcare costs,”
Grace Century CEO and Director of Research commented“Medixall begins the construction of its network by enlisting its first group of participants. This is the first incubator of our portfolio company, the Quantum Group, and a meaningful first step of improving healthcare access and choice, while lowering costs””
Read the full story on Yahoo! Finance News here.
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 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.
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.
As 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.