Sweden is well known in the medical community to be at the forefront of stem cell science and technology, and could offer some important insight for the industry on a global level.
The country’s stem cell industry has everything in place for future expansion and success: strong public support, a favorable bio-ethical climate, a tradition of science and research, and well-place and generous government funding.
In Sweden, there are more than 30 research groups and close to 300 people at nine Swedish institutions involved in stem cell research. To put this in perspective, there are fewer than 10 such groups in Singapore.
Sweden is further along than many other countries with the legislation and the recent establishment and funding of a national stem cell bank. Last month, the Swedish National Research Council granted about US$ 1 million to fund a national stem cell bank for the next few years.