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World’s First Amniotic Stem Cell Bank Opens In Medford

MEDFORD, Mass. — A European biotech company on Thursday opened the world’s first amniotic stem cell bank in Medford.

Gov. Deval Patrick cuts the ribbon at the opening of the  in Medford on Thursday. (Courtesy Massachusetts Life Sciences Center)

Gov. Deval Patrick cuts the ribbon at the opening of the world’s first amniotic stem cell bank in Medford on Thursday. (Courtesy Massachusetts Life Sciences Center)

The company, Biocell Center, does work in fertility and infant care. CEO Kate Torchilin said the new facility will be the first in the world to collect and store amniotic stem cells for their unique therapeutic properties:

“That is the mission of our company: to offer the opportunity to store the sample to medical centers and physicians who think their patients will benefit from this service,” Torchilin said.

Biocell Center has offices in Italy and Switzerland, but says it’s opening the amniotic stem cell bank in Medford because of the strong life sciences sector in Massachusetts.

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  • outsidethebox

    Am curious. Does this company absolutely restrict its storage of stem cells to the amniotic variety? I have read that there is the possibility of storing stem cells in the tissue removed from root canal.

  • http://www.biocellcenter.com Kate Torchilin

    Biocell Center has strong expertise in collection and preservation of stem cells specifically from amniotic fluid. Stem cells from different tissues have very different properties, but amniotic fluid stem cells are unique in their high capacity to proliferate and differentiate into almost any tissue/type of cell. As well, clinical research data indicate that amniotic stem cells do not cause tumor growth.

  • Joanna Picardi

    Does your company trade on the us stock exchange and if so what is your stock index

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