Written by Lidia Dinkova on April 30, 2014 After 15 years of University of Miami research on a unique adult bone marrow-derived stem cell and on a process that leaves the cell in a relatively pure form, the university and its tissue bank have partnered with a Marietta, GA, biomedical company to make the stem cell called the MIAMI cell commercially available in July. Vivex Biomedical Inc. invested in the research and development of the cell and licensed the technology from UM for orthopedic use, said company President and CEO Tracy S. Anderson. Vivex has contracted with the universitys tissue bank to develop the cell for commercial use. The company will pay an undisclosed royalty to UM from sales. Dr. H. Thomas Temple, professor of orthopedics, vice chair of orthopedic surgery and director of the University of Miami Tissue Bank, said South Florida is a viable market for the MIAMI cell. Just in bone [regeneration] alone theres an enormous market, and then if you take into consideration all the joint dysfunction that occurs with aging we have a significantly aged population, he said. If you think about the number of trauma cases we have down here where patients have open … Continue reading
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