INDUSTRY NEWS Cord Blood America Improves Balance Sheet Cord Blood America, Inc. said that it has retired almost $6 million worth of notes which had been provided by Enable Capital Management, LLC and their affiliates between 2007 and 2009. [Cord Blood America, Inc. Press Release] £5M Funding Partnership to Bring New Innovation and Economic Benefit to United Kingdom A £5M development at the Norwich Research Park, funded by a partnership including the Biotechnology and Biological Sciences Research Council will provide facilities for start-up and growing businesses that will turn world-class science into products and technologies. [Biotechnology and Biological Sciences Research Council Press Release] Stem Cell Assurance Announces a Financing and Marketing Partnership with MDwerks Stem Cell Assurance, Inc. and MDwerks, Inc. announced a financing and marketing partnership wherein MDwerks, through its Xeni Finance subsidiary, has provided the first tranche of financing to Stem Cell for the purchase of various medical devices from Cytori Therapeutics, Inc. [PR Newswire] Scientific Breakthrough: Baltimore’s Bioparks Enjoy a Growth Spurt Companies are taking more space in Baltimore’s two emerging biotechnology research centers; at least one firm is mulling a venture capital-backed funding round; and plans to expand the University of Maryland, Baltimore’s biopark are still on the table. [Baltimore Business Journal] Siouxland Blood Bank in Merger Talks The Siouxland Community Blood Bank is considering merging with Iowa’s largest blood collection center. [Sioux City Journal] Blood Institute is Building New Donor Center in Oklahoma City A $9 million blood donor center being built in Oklahoma City will improve medical care for many state stem cell patients and make way for new technology that can basically “scrub blood” free of bacteria and viruses. [Tulsa World]
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