Company completes development of stem cell liquid suspension.
SALT LAKE CITY, Utah, May 16, 2016 -- Predictive Technology Group, Inc. (OTC PINK:PRED) said its subsidiary, Predictive Biotech, Inc. has finished developing a new allograft stem cell product derived from umbilical cord blood (UCB).
The use of UCB stem cells have gained popularity in medical science owing to their ability to transform into any type of human cells.
UCB refers to the blood and tissue that remains in the attached umbilical cord and placenta after childbirth.
UCB derived stem cells might be used in wound healing, pain management, and genetic and hematopoietic disorders.
The CoreCell liquid suspension product is rich in proteins and cells.
Predictive Biotech is negotiating with several orthobiologic distributors to launch the product here and abroad.
The company is also considering private label opportunities and plans to eventually distribute the product through its own direct sales organization.
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|Title Annotation:||Advanced Stem Cell Technology|
|Publication:||Stem Cell Business News|
|Date:||May 16, 2016|
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