STEMCELL Technologies, the largest biotech company in Canada, will be honoured tonight with the “Life Sciences Company of the Year” award from LifeSciences BC.
Founded in 1993 by Dr. Allen Eaves, a Canadian Stem Cell Foundation Director, STEMCELL Technologies is a privately owned biotechnology company that develops specialty cell culture media, cell separation products and ancillary reagents for life science research. The Vancouver-based firm employs some 680 people who manufacture over 2,000 products for scientists in more than 70 countries worldwide.
Each year, a significant portion of STEMCELL’s profits is reinvested in stem cell research — a strong indication of its founder’s belief in the potential of the field.
“Stem cell technology is going to revolutionize medicine; that’s the reality,” says Dr. Eaves, President & CEO. “Medicine will be delivered by cells and we will be using cells to repair the body. There is this huge potential out there.” Click here to read our full interview with Dr. Eaves.
He also believes that to succeed in delivering new stem treatments, Canada needs the Canadian Stem Cell Strategy & Action Plan. Created by a coalition of scientists, medical doctors, leaders from major health charities, industry experts and philanthropists, the Strategy sets the course for Canada to lead the way in bringing up to 10 breakthrough therapies to the clinic by 2025.