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 EdelmanCEO
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 HarrisCSO
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 SparkmanCFO
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 GrantVP 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 PLLCLawyerUnconfirmedDavid Cohen, BeachFleishman PCAccountantUnconfirmed
Previous Investors
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Harry GeorgeUnconfirmedMike KasserUnconfirmedPaul BakerUnconfirmed
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