Rediff India Abroad
 Rediff India Abroad Home  |  All the sections

Search:



The Web

India Abroad




Newsletters
Sign up today!

Article Tools
Email this article
Top emailed links
Print this article
Contact the editors
Discuss this article
Home > News > PTI

India's first stem cell transplant centre to be ready by April 2006

December 08, 2005 15:21 IST

India's first exclusive state-of-the-art stem cell transplant centre would become operational in the city by April 2006.

For setting up the centre, LifeCell, pioneers in cord blood stem cell banking in India, and Sri Ramachandra Medical Centre, a tertiary care multi-speciality university hospital have entered into a tie-up, S Abhaya Kumar, CEO, Asia Cryo-Cell Pvt Ltd which owns LifeCell, told reporters in Chennai.

While LifeCell would invest Rs 15 crore in the project, SRMC would be providing an exclusive 15,000 sq ft area in their seven-storeyed ambulatory facility at their premises, he said.

"The centre will be meant exclusively for stem cell transplants and will be conducted by experienced and renowned stem cell transplant specialists from around the world," he said adding, that intellectual property generated out of the centre through research would be shared by both.

The centre would initially focus on haematological and oncological ailments and expand to other areas in a phased manner. "LifeCell has committed layout of Rs 40-50 crore over the next 2-3 years on stem cell banking, research and therapy," he said.

"We want to make the therapy as affordable as possible for Indians. Keeping the cost low is therefore a challenge," he said.

SRMC's Dr Krishna Seshadri, said the tie-up allowed SRMC to be part of an "exceptionally evolving technology" as stemcells had the potential to be used in replacing defective organs in the future.



© Copyright 2005 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
Share your comments

Advertisement






Copyright 2005 Rediff.com India Limited. All Rights Reserved.