Arteriocyte Inc. launches a stem cell-based product called NANEX that allows researchers to grow red blood cells in a lab.

Arteriocyte Inc. launched a stem cell-based product that allows researchers to grow red blood cells outside the human body.
The product, called NANEX, is available only for research use and has not been tested in humans. NANEX is engineered to essentially behave like bone marrow.
"This product is the first internally developed product that Arteriocyte has placed on the market to date," said Adam Sorkin, a company spokesman. "And it was developed at Arteriocyte's Cleveland R&D center."