The pace in which families enroll with Store-A-Tooth keeps accelerating – confirmation that we have the right strategy...
Ras Al Khaimah, UAE (PRWEB) January 07, 2015
Private equity and international research firm, Grace Century, recently announced that its bio-banking project, Provia Laboratories, LLC, had record year in 2014 for Store-A-Tooth™ - its cryogenic storage service for dental stem cells. Provia reported a 20% year over year increase of families storing the stem cells found in their children’s baby teeth, wisdom teeth, or teeth extracted for orthodontic purposes.
As research continues to make groundbreaking advances for potential therapies using mesenchymal stem cells, or MSCs, families are utilizing Provia’s services in anticipation of future uses. The company’s ability to expand the cells and test every sample for stem cell volume, has ensured an ample supply of useable cells, which continued to set Provia apart from its competitors.
"The company (Provia) believed from the very start that that it was critical to educate both the dental professionals as well as the consumer,” Scott Wolf, CEO of Grace Century commented. “This commitment has, in our opinion, made the Provia and the Store-A-Tooth™ brand, the unrivaled leader in this new industry.”
“With 2013 and 2014 being a proof of concept in their marketing strategy, Provia now has sufficient resource to service most of the U.S. and enter Europe in the first quarter with already signed strategic partners. This is a turn-key alliance allowing for fast market penetration,” Wolf added.
“Provia has built an extraordinary team which has focused on both quality and education. The investments we’ve made in building a high-quality platform and working with the dental community to educate families of the importance of these stem cells has paid off,” according to Howard Greenman, Provia Laboratories’ CEO. “The pace in which families enroll with Store-A-Tooth keeps accelerating – confirmation that we have the right strategy,” he added. “Working closely with the Grace Century team on issues related to international expansion, marketing strategy, strategic financing, and client services, has been instrumental to our success.”
”As research on the use of stem cells continues to accelerate, we believe that 2015 will be a remarkable year for Provia,” Wolf concluded.
About Provia Laboratories, LLC
Headquartered in Littleton, MA, Provia Laboratories, LLC is a healthcare services company specializing in high-quality bio-banking (the collection, transport, processing and cryogenic storage of biological specimens). Provia Labs offers the Proviasette™ product range for use in bio-banking environments to improve sample logistics, security and quality. The company manages and promotes its own bio-bank for a dental stem cell banking service, Store-A-Tooth™, which gives families the option to store stem cells to protect their children’s future health and take advantage of advances in stem cell therapies. Provia advises industrial, academic and governmental clients on matters related to the preservation of biological specimens for research and clinical use. Provia Labs is a member of ISBER, the International Society for Biological and Environmental Repositories, as well as ESBB, the European, Middle Eastern & African Society for Bio-Preservation and Bio-Banking. For further information, visit http://www.proviasette.com or call Provia Labs at +1 (781) 652-4815.
About Grace Century, FZ LLC
Grace Century FZ LLC is an International research and private equity consultancy located in Ras Al Khaimah, (north of Dubai) in the United Arab Emirates (UAE). Grace Century specializes in “game-changing” life science and health related private equity projects. For more information, visit http://gracecentury.com.