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Apollo, Cadilla to set up stem cell unit

Apollo Hospitals and Cadila Pharma in association with Stemcyte India therapeutics is planning to set up a stem cell research unit. A new company in the name and style of ‘Stemcyte India Therapeutics Pvt Ltd’ will be set up to carry out hybrid and private umbilical cord and stem cell banking in India. It plans to build a large inventory of 25000 ethically diverse umbilical blood units. It seems around 70 blood related diseases can be treated by umbilical cord blood cells.

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