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AdiCyte, Inc.

AdiCyte is a cryobank through which patients can preserve adipose (fat) tissue and stem cells for future use in regenerative medicine.

  • Stage Product In Development
  • Industry Biotechnology
  • Location Tucson, AZ, USA
  • Currency USD
  • Founded November 2011
  • Employees 2
  • Website adicyte.com

Company Summary

AdiCyte offers biobanking of adipose tissue (fat) and stem cells for use in regenerative medicine, tissue engineering, and cosmetics. Fat is rich in stem cells that have proven value in regenerative therapies. 120+ FDA clinical trials are underway for approval of treatments for heart attack, stroke, diabetes, and cartilage regeneration. Stem cells can grow new blood vessels, bladders and tracheas to replace diseased or damaged organs.

Team

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    Scott Edelman
    CEO

    Edelman has managed the successful growth and investor exits of numerous biotech and software enterprises. His experience includes serving as CEO of Radix Biosolutions™ and former CEO of CellzDirect™, which grew profitably over 5 years with angel and venture capital support and sold to Life Technologies™ in 2008 for $57M. Prior to 2002, Edelman served as CEO for high tech, early stage and turnaround enterprises.

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    David Harris
    CSO

    Dr. Harris is a world renowned scientist and founded the first cord blood stem cell bank in 1992 (acquired by CBR Systems™ in 1995 which is now the largest stem cell bank in the world). Dr. Harris is a tenured professor of Immunobiology at the University of Arizona in Tucson, and has published more than 150 scientific articles about stem cell preservation and use in transplantation and regenerative medicine.

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    Holly Sparkman
    CFO

    Sparkman specializes in financial, legal affairs and administrative management. She is a partner at Rorie Sparkman & Associates LLC with specialization and expertise in CFO consulting, tax and valuation services. She is the former CFO of CellzDirect, CEDRA Corporation, and Public Strategies. She has public accounting experience with KPMG Peat Marwick and is a certified public accountant and certified valuation analyst.

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    Stephen Grant
    VP Sales & Marketing

    Sparkman specializes in financial, legal affairs and administrative management. She is a partner at Rorie Sparkman & Associates LLC with specialization and expertise in CFO consulting, tax and valuation services. She is the former CFO of CellzDirect, CEDRA Corporation, and Public Strategies. She has public accounting experience with KPMG Peat Marwick and is a certified public accountant and certified valuation analyst.

Advisors

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    Tim Reckart, Rusing Lopex & Lizardi PLLC
    Lawyer
    Unconfirmed
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    David Cohen, BeachFleishman PC
    Accountant
    Unconfirmed

Previous Investors

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    Harry George
    Unconfirmed
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    Mike Kasser
    Unconfirmed
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    Paul Baker
    Unconfirmed