MLA 0.00% 8.5¢ medical australia limited

pet stem cell biz booming for medivet

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    In just two years after going commercial, MediVet America’s headquarters in Nicholasville has seen exponential growth with no sign of slowing down.

    The privately owned company is one of a handful of developers and researchers worldwide working on stem-cell regenerative therapy for animals suffering from osteoarthritis, hip dysplasia and other degenerative diseases. MediVet also provides other services such as stem-cell storage and selling stem cell extraction kits to veterinarians around the globe.

    Founded as a research company six years ago in Sydney, Australia, MediVet as a whole is now represented in 26 counties and has hubs in 44 American states.

    In 2010, there were only two full-time working employees at the office and lab building located in Nicholasville. The headquarters now employs 12 people with more sales, research and manufacturing jobs expected to open up in the next few months.

    “The Nicholasville lab has seen an increase of 3,000 percent in monetary growth since February 2011,” said director of lab services Katherine Wilkie.

    sOUNDS GOOD TO ME :)
 
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