• HSBC

New medical product development centre opens in Jordan

  • Jordan: Thursday, October 30 - 2008 at 08:59

The new Philadelphia Biological and Medical Product Development Centre is to open today in Amman, Jordan. The Centre will be the only healthcare product development hub worldwide that provides preclinical evaluation, full-service clinical research, core lab facilities, as well as cell engineering and culturing, according to a press release. Peggy Farley, the Centre's Chairperson, said the centre will place the Middle East firmly on the map as a global medical technology leader. Farley is also co-founder of the Ascent Medical Technology Funds, including Fund II which is the financial instrument providing the funding for the project. Recently, the Centre successfully carried out a Bioheart Inc sponsored study to support the treatment of potentially life-threatening, heart-related aliments that saw positive results of a pre-clinical study of the Adipose-Derived Stem Cells (ADSCs) therapy study for heart patients.

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