MedWatch

Companies celebrate new stem cell center as an alliance and recruitment catalyst

The recent DKK 2.2bn (USD 330m) grant the Novo Nordisk Foundation has allocated to a center focusing on stem cell treatments has been welcomed with open arms by pharmaceutical companies, who are jostling to enter the field.

When Novo Nordisk announced that it was investing DKK 2.2bn (USD 330m) in an international stem cell center on Friday, this was music to the ears of many pharmaceutical companies.

The grant Novo Nordisk has allocated to reNEW research center is the largest of its kind, and companies based in Copenhagen are particularly excited about the investment in stem cell treatments.

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