Why PEs, VCs are holding back from investing in the stem cell market

In 2009, when eight-year-old Thamirabarani was cured of thalassaemia, a rare blood disorder, LifeCell International Pvt. Ltd made ripples in the fledgling Indian stem cell market.The Chennai-based company, which was founded in 2004, had stored her new-born brother’s umbilical cord blood, which was used for her treatment. It was a ......