Stem cell therapy is one step closer to becoming law in Texas, the latest state to push for passage of a patients’ “Right to Try” legislation. House Bill (HB) 810 is one of three proactive stem cell bills being considered in the Texas Legislature that would make it easier for those suffering with incurable illnesses to have access to stem cell treatments. The bill, which passed the Texas House unanimously, now heads over to the Senate.
Scott Wolf, CEO and Director of Research for Grace Century comments: “This kind of legislation, hopefully will be controlled, but moves the goal post closer for the industry. Personally, I am waiting for Insurance companies to agree to pay for storage of young healthy cells: to me that’s a no brainer for improving health down the road, while saving tons of cash.”
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MediXall Group, Inc., who are the medical network arm of Grace Century Electronic Medical Records (EMR) portfolio partner Quantum, has confirmed that it will be offering financial products to its MediXaid® platform members.
The news, which was launched via a mess release this week, reports the strategy behind offering such products to platforms members is to assist them in developing their businesses and client/patient relationships. The range of products includes options for both health care providers and their patients, and supporting financing tools will be available via TBG Holdings Corporation and its affiliate, Crossroads Capital Finance Group.
Noel Guillama, MDXL Chairman stated, “We need more transparency in healthcare, and our soon-to-be-launched health care platform, MediXaid®, will provide the price transparency consumers are demanding. The next thing that is needed is reallocation of capital to healthcare. Adding products that offer capital for growth for providers and financing services to patients, will open up new opportunities for accelerated progress. Today we have the technology to help in both cases.”
Read the full press release on Yahoo! Finance here.
It has recently been reported on Yahoo! News that MediXall Group, Inc., who are the medical network arm of Grace Century Electronic Medical Records (EMR) portfolio partner Quantum, have announced the launch of Phase 2 in the recruitment of Healthcare Providers. This has been done with the Provider Development Website, which has been designed to speed-up the enlisting of selected physician practices, diagnostic centers and medical services companies to the MediXaid Platform.
MediXall Group Chief Operating Officer, Carl Larsen, stated, “We are excited by the overwhelmingly positive response we are receiving from healthcare practices to join the MediXaid® Provider Network. We believe we have developed a strong marketing and sales program that will both facilitate the rapid development of a strong healthcare provider network in the South Florida are, plus will further serve as a foundation for expanding our reach throughout the State and nationwide.”
Grace Century President and Director of Research Scott Wolf said “Fresh Out of the box, Grace Century and Quantum’s Portfolio firm is moving forward fast. We are so excited for this firm, with Beta testing expected over the summer.”
Read the full article on Yahoo! News by clicking here.
A recent article on ZD Net takes a look at cloud computing / technology and how it the business models to generate revenue from related products have evolved over the years.
Our electronic medical records partner The Quantum Group Inc, have developed an innovative cloud- based system known PWeR, which a shortened version of Personal Wellness Record. Quantum currently employs a subscription model, which interestingly is how most the companies who use cloud technology in other industries – Amazon being a prime example – are structuring their business models.
Scott Wolf, President and Director of Research for Grace Century, commented “this is an interesting article on the subject of cloud technology, and from our perspective is it notable that Quantum have taken a commercial path which is similar to that of cutting-edge industry giants in other technology-based market sectors. The difference between the healthcare sector and other market sectors is that the use of cloud computing and related technology is very much behind in the healthcare sector, and Quantum are one of the very few companies in this sector who have embraced such technology at a best-practice level.”
Read the full article on ZD Net by clicking here.
Provia Labs, Grace Century’s dental stem cell storage system portfolio project, has been features in an article on CNN on how dental cells could represent the next stage in the development of the emerging science of stem cell treatment.
The article, which is a lengthy and comprehensive feature, includes contributions from Dr. Joseph C. Laning, chief technology officer of Provia Laboratories LLC. The piece tries to balance the increasingly rigorous scientific case for the increased potential of stem cells as a method of treating complex disorders like multiple sclerosis (MS) and traumatic brain injury, with some more cautious views from the scientific community.
Scott Wolf, President and Director of Research for Grace Century, commented “The fact that our portfolio project, Provia labs, has made it to CNN, simply serves to highlight the traction that stem cells and their significant future potential for the treatment of many conditions has gained in the medical world. Whilst the article includes the views of some of the more skeptical members of the community, it should be noted that The President of the American Academy of Pediatric Dentistry, Dr. Jade Miller endorses the storage of baby teeth / Wisdom teeth and has done so himself for his family. In addition, the opinion of professional medical bodies is no guarantee of anything as Dr. N (Advisor for Provia) discovered for himself with regard to the National Bone Registry as we reported on our blog article of last May.”
Read the full CNN article by clicking here.
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.
We recently reported the existing news that our portfolio partner, Provia Laboratories LLC (Provia), had engaged US Capital Partners Inc. (US Capital) as its strategic advisor for a $2M capital raise.
The details of the engagement are now available at http://www.provialabs.com/investor-relations.
Prove are planning to utilise the new financing primarily to grow its sales and marketing function to support new products and services.
A full press release on the engagement is now available by clicking on this link.
Scott Wolf, President and Director of Research for Grace Century, commented “Grace Century is thrilled to have handed over the reins to Provia’ s first Institutional funder U.S. Capital. As a Board advisor, we will continue to assist in all other areas, especially in help Provia expand here in the Middle east and Asia.”
Yahoo! Finance News has reported the engagement of marketing services agency eLuminate by MediXall.
MediXall, who are the medical network arm of Grace Century Electronic Medical Records (EMR) portfolio partner Quantum, have engaged eLuminate to assist with their branding and campaign planning across social media and other digital channels, targeting the South Florida region.
Carl Larsen, EVP and Chief Operating Officer of MediXall, commented, “A key element of our successful launch will be securing a critical mass of both providers and consumers to the platform. We are confident that the talented team from eLuminate Marketing will guide us in reaching our goals of at least 1,000 providers and 100,000 consumers to the platform within two months following official launch. eLuminate is also working closely with the MediXaid development team to ensure brand consistency and the highest quality of User Interface and User Experience — absolutely key elements to our success.”
Read the full story on Yahoo! Finance News here.