Ras Al Khaimah, United Arab Emirates (UAE) (PRWEB) January 23, 2014 -- Grace Century, an international research and private equity company based north of Dubai, in the United Arab Emirates (UAE), is pleased to announce that its stem cell bio banking project, Provia Laboratories, LLC has completed the formation of its European subsidiary, Provia Laboratories Europe Limited, housed in the United Kingdom.
Scott Wolf, CEO of Grace Century stated, “We’re thrilled with the expansion plans of Provia, as well as the soon to be announced partnerships that will quickly aid the firm’s dominance in the bio banking of stem cells as well as its affiliated products.” Wolf added, ”The scientific depth and expertise that Provia’s management team brings to this field, should help imprint the highest standards in stem cell bio banking in both the U.S. and Europe.”
Howard Greenman, CEO of Provia Laboratories commented, “This is an important milestone in the company’s history. We spent 2013 validating our model in the U.S. and we believe Europe to be a market of early adopters that embrace stem cells and their promising therapies quickly.” Greenman further clarified, “For example, it’s estimated that 5% of U.S. families privately store stem cells from their child’s umbilical cord. We believe this number is considerably greater in many European markets including other markets such as the Middle East.”
While the expansion looks global for Provia Laboratories, they also have a very aggressive expansion plan for the United States market in 2014.
About Grace Century, FZ LLC
Grace Century 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.
About Provia Laboratories, LLC
Provia Laboratories, LLC is a consumer health services company specializing in high quality stem cell bio banking (the collection, transport, processing, and cryogenic storage of biological specimens). Its dental stem cell banking service, Store-A-Tooth™, gives parents the option to store stem cells today to protect their children’s health tomorrow. Store-A-Tooth preserves stem cells from baby and wisdom teeth that would otherwise be discarded, so parents can be prepared for advances in stem cell therapies that someday may help treat conditions such as Type 1 diabetes, spinal cord injury, heart attack, stroke, and neurological disorders like Parkinson’s and Alzheimer’s. For more information about Store-A-Tooth™ dental stem cell banking visit: http://www.store-a-tooth.com and http://www.facebook.com/storeatooth.
Laurie Pehar Borsh, Laurie Pehar Borsh PR, http://www.gracecentury.com, +1 818-249-4846, [email protected]
SOURCE Laurie Pehar Borsh PR