In biotech, investors are used to hearing big pledges from start-ups about their capacity to meet needs and cure diseases, but even in this optimistic field, some of the goals set by a new US company are unusually ambitious.
The formation of Celularity, set up by stem cell pioneer Robert Hariri, has been announced with $250 million in funding from backers including biotech companies Celgene (Nasdaq: CELG), United Therapeutics (Nasdaq: UTHR) and Sorrento Therapeutics (Nasdaq: SRNE), as well as Human Longevity, the genomic-based, health intelligence venture.
"My goal is to make it so the next generation grows up in a world where cancer is managed just like the common cold, and the body's natural regenerative engine remains empowered throughout our lives"
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