Provia Laboratories Reports Continued Record Enrollments for Its Store-a-Tooth™ Dental Stem Cell Technology

Grace Century's Portfolio Project hits another all-time high for August 2015 enrollments, with August inquiries exceeding inquiries for the entire second half of 2014. The rapid growth is attributed to the increasing awareness of the potential benefits of storing stem cells for future use in personalized and regenerative medicine, as well as research developments and international expansion.

​​Grace Century’s bio banking project, Provia Laboratories, LLC has reported another record monthly enrollment in August for their Store-a-tooth™ cryogenic storage service of dental stem cells, as well as surging inquiries from across the U.S.

Provia also gave guidance of a 30% projected increase in enrollments for the Q3 vs 2014’s third quarter. This is a direct result of new families’ inquiries, surging to an all- time high in August. The August family inquiries number represented more than the total family inquiries for the second half of 2014.

Store-a-tooth™ technology enables dental stem cells to be expanded, stored, and used in future years to take advantage of future stem cell-therapies being researched for conditions such as cardiovascular disorders, type 2 diabetes and muscular dystrophy.

August was a real 'watershed' month for Provia laboratories, especially after our visit to Singapore with MillionaireAsia's symposium. Our Asian counterparts truly understand the space and are keen to develop that part of the globe.

Scott Wolf, CEO and Director of Research, Grace Century

The surge and optimism is attributed to the on-going increase in the awareness and interest of the potential benefits of stem cells, as well as continued publicized breakthroughs in research. In addition, as reported in July, continued international expansion and improved marketing tools within partner dental offices have contributed to the recent growth. Lastly, inroads into potential joint ventures in Southeast Asia, as well as Russia, occurred in August.

Grace Century’s CEO, Scott Wolf, comments "August was a real ‘watershed’ month for Provia laboratories, especially after our visit to Singapore with MillionaireAsia’s symposium. Our Asian counterparts truly understand the space and are keen to develop that part of the globe.

Howard Greenman, CEO of Provia added “Our Model has been developed over many months, if not years, as we wanted the rollout to be as smooth as possible. We are clear and defined in all aspects of our business equation and are excited for the many announcements we plan to make in the next Quarter”.

ENDS

About Grace Century, FZ LLC 
Grace Century FZ LLC s an International research and private equity consultancy located inRas Al Khaimah, (north of Dubai) in the United Arab Emirates (UAE). Grace Century specializes in “game-changing” life science and health related private equity projects.

For portfolio or company information please email info@gracecentury.com or call +971 (0)7 206 8851.

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About Provia Laboratories, LLC

Headquartered in Littleton, MA, Provia Laboratories, LLC is a healthcare services company specializing in high-quality bio-banking (the collection, transport, processing and cryogenic storage of biological specimens). Provia Labs offers the Proviasette™ product range for use in bio-banking environments to improve sample logistics, security and quality.

The company manages and promotes its own bio-bank for a dental stem cell banking service, Store-A-Tooth™, which gives families the option to store stem cells to protect their children’s future health and take advantage of advances in stem cell therapies.

Provia advises industrial, academic and governmental clients on matters related to the preservation of biological specimens for research and clinical use.

Provia Labs is a member of ISBER, the International Society for Biological and Environmental Repositories, as well as ESBB, the European, Middle Eastern & African Society for Bio-preservation & Bio-banking.

For further information about Proviasette™, please call Provia Labs at +1 (781) 652-4815, email prminor@provialabs.com or visit http://www.proviasette.com


Categories: Investments, Pharmaceuticals and Biotech, Medical

Tags: Asia, Dubai, Grace Century, Provia Labs, Record Enrollments, Scott Wolf, Stem Cells


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Grace Century, FZ LLC is an international marketing research and private equity firm

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