Tasco/Bio-Matrix may become the first company to operate an adipose-derived stem cell bank in the United States. Stem cells which are derived from fat tissues can easily, and ethically be harvested by elective liposuction, which is then stored in a frozen condition in liquid nitrogen at super-cooled temperatures. When needed, these stem cells can be thawed to potentially treat several diseases. The banking of cord blood is a once in a lifetime opportunity, which can only be done at the time of birth. However, by offering to preserve stem cells from adipose tissue, the company has significantly expanded its customer base.
Tasco/Bio-Matrix believes that though cord blood banking will help the company to generate earnings, the adipose tissue derived from stem cells will be its major source of earnings. Additionally, stem cell therapy commands the need for instrumentation, which is less invasive and friendly to both the target area as well as the tissue and cells. Tasco/Bio-Matrix has developed a full line of such disposable stem cell extraction surgical tools, which can be used to extract, transfer and re-introduce cells.
Given the growing number of liposuctions, demand for both the instruments as well as the company’s cryogenic storage facility is bound to increase. Given the immense opportunity in the stem cell research segment of the $75 billion growing biotechnology and medical device industry, the upcoming building in the heart of San Diego should help Tasco/Bio-Matrix generate significant earnings going forward.
About Tasco Holdings Inc.
Tasco Holdings Inc. recently purchased Bio-Matrix Scientific Group Inc. (www.BMXGonline.com), a biotech research and development Company that commercializes medical devices and monitoring systems for the growing, worldwide stem cell research market.
The Company aligns itself with strategic partners that offer key technologies in biomedical device development, tissue engineering, cell culturing, genome therapy and drug delivery systems to become a leading source for stem cell research technology and innovation and is building a state-of-the-art facility in San Diego, California, to cater to the growing stem cell research segment of the $75 billion biotechnology and medical device industry.
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Tasco Holdings International:
Bio-Matrix Scientific Group Inc
David Koos, 619-398-3517