Karolinska Development invests in EvoStem
Swedish investment company Karolinska Development AB says it has made a "significant" investment in EvoStem Finland Oy, a firm that develops stem cell and other tissue engineering based treatments for veterinary and human use.
In 2007, EvoStem introduced its first product TendoStem, which is a stem cell-based treatment service for tendon and ligament injuries in horses, which is currently on the market in Scandinavia.
"With this investment, we will speed up our international growth and product development projects," said Minna Leppanen, chief executive of EvoStem Finland.
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