Grace Century’s bio banking project, Provia Laboratories, LLC, a healthcare services company specializing in high-quality bio-banking (the collection, transport, processing and cryogenic storage of biological specimens), recently reported 47% quarterly growth in enrollments for their Store-a-Tooth™ cryogenic storage service of dental stem cells.
Store-A-Tooth is committed to offering the highest quality in dental stem cell banking. At the core of their tooth transport device is the Save-A-Tooth® device, which is FDA-approved for the preservation of avulsed teeth. Provia uses this to transport patients samples from the dentist’s office to their laboratory, which follows the strictest standards for quality in stem cell and human tissue banking.
This platform enables the conduction of future studies for conditions such as type 1 diabetes, cardiovascular disorders and muscular dystrophy.
These remarkable results were possible due to an increase in the interest and awareness of the potential benefits of Store-a-Tooth™ platform. The boost in enrollments was also partly due to an increase in research and online activity, along with continued International development and improved marketing tools with dental partners. Multiple markets are expanding, further validating Provia’s original business model.
Grace Century’s CEO, Scott Wolf, commented in a recent press release “With Provia’s consistent success, we are clearly seeing the future in the field of stem cell storage technology. Recent capital commitments and advancing negotiations with institutional sources give us confidence in a bright future for Store-a-Tooth™ technology and we are tentatively predicting further double or even triple-digit growth for 2016.”
Howard Greenman, CEO of Provia added “Our recent performance is a testament to the commitment of our team and the company’s vision. We are proud to continue developing our current network of healthcare providers who help raise awareness of our technology in their communities. This network is the building block for building awareness of our important technology.”