India's First Stem Cell Transplant Center Launched in Chennai

by Medindia Content Team on  September 20, 2006 at 6:47 PM Genetics & Stem Cells News   - G J E 4
India's First Stem Cell Transplant Center Launched in Chennai
LifeCell, a pioneer in stem cell banking and research in India, in collaboration with the US-based Cryo-Cell Inc Wednesday announced here the launch of the country's first stem cell transplant center at Chennai.

Stem cells, obtained from cord blood cells during the childbirth, has the potential to cure over 75 diseases that humans face today as they can be used to repair specific tissues, according to researchers.

The company has invested $4 million to set up the transplant center at the Sri Ramachandra Medical Center of Excellence, which will be fully operational by the end of this year.

"In India the concept of preserving the stem cell is gradually gaining momentum and the potential for this is huge," said Prasad Mangipudi, vice president (marketing) of LifeCell.

The Rs.70 million company is targeting a turnover of Rs.250-300 million for 2005-06.

"We will be investing Rs.500-600 million in expansion through promoter funding but we are also open to private equity funding," Mangipudi added.

"We plan to open collection centers soon in Dubai, Kuala Lumpur, Singapore. Our Dubai center will also have its own collection bank and the Malaysian center is going to be our ASEAN (Association of South East Asian Nations) hub."

LifeCell currently has 18 stem cell collection centers across the country and by March 2009 it plans to increase the number to 31. The centers have so far collected 3,600 samples of stem cells.

"Stem cells have the potential to cure diseases like Alzheimer's, diabetes, heart attack, Parkinson's and many other ailments that can cost human life," Cryo-Cell chief scientific officer Anthony Finch told IANS.

"Indians are gradually learning about its need and potential. However, a proper education on the benefits of stem cell is needed and a proper regulation of the same is very crucial, otherwise the entire concept can be corrupted," Finch emphasised.

LifeCell's cord blood stem cell banking facility at Keelakotaiyur in Tamil Nadu has been set up at a cost of Rs.140 million.

Source: IANS

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JODY2513 Monday, February 10, 2014
Is stem cell therapy successful in curing of food allergy and milk allergy ?
arunabhavana Friday, November 2, 2012
my son is adhd with autism.please inform me about this centre.
pallavi96 Friday, November 25, 2011
Would like to know the location and contact details of this transplant center. My kid suffers from autism and ADHD.
mkv123 Wednesday, September 14, 2011
Hey sorry to say this.No one is asking about diseases like diabetes and cancer.Stemcell is initially started to cure these major diseases.I agree stem cell got success in all areas.But we need to know stemcell is our future in healing diseases which normally dont have cure.Everything is ready guys.Scientists are ready to use it but higher officials has to approve to use this therapy.All are waiting for that only.Once got approval all our life threatening problems will be perished.I mean diseases.Please be calm and wait.I dont know how many days we need to wait.But be patient.Everything will be fine.Once got approval Just blink of an Eye everything will be happen.Just like rapture.May god bless you all.
Maheshwaran Friday, February 11, 2011
India. Hyperbaric Oxygen Therapy mobilises stem cells by many folds. Ask us for more information Email:
indiahbot Thursday, February 3, 2011
My name is vinayanand.My cousin is suffering with cerebral palsy.I want to know wheather stem cell transplation can help to cure this disease.he is nw 4yr old..he can't talk,walk,nt looking while we calling..always in bed.please help me. please give me details.. my mail id is
vinay702 Wednesday, January 5, 2011
My name is sathya. My 10 years old son suffered type 1 diabetes from his 6 years old. Is the stem cell treatment cure for this type 1 diabetes? Please help me. My email address:
Sathyavarun Sunday, December 26, 2010
I would like to know whether a 44 yrs old patient who has suffered from stroke on april 1997 and has hemiparesis[left] can now be cured by stem cell therapy. If yes ,then what are the risks invelved and the cost of treatment. Thank you regards
nalinirohit Monday, December 20, 2010
Hi, my name is Sharad and I am 33 years old suffering from Parkinson's Disease[festinating gait] due to malfunction of basal gangalia. It has been 4 years now and i have lost my energy to work because of movement/speech problems. Can any treatment help so that i can be near to a normal person again. What about stem cell transplant? Kindly reply.
sharadg Saturday, November 6, 2010

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