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China’s Grandhope Biotech In-licenses Stem Cell Technology from Orthocell

Feb. 3, 2013

Guangzhou-based Grandhope Biotech has in-licensed the China rights to an autologous stem cell tendon-repair technology from the Australian firm Orthocell Limited. The technology harvests healthy tendon cells from the patient, cultures them, and then implants a mixture of the cells and a scaffolding matrix to the damaged tendon. Terms of the agreement were not disclosed.