The applications for cell therapy (stem or otherwise) continue to expand in very diverse ways.
I found this development particularly interesting — the use of stem cells in a "cell bandage" for use in the treatment of osteoarthritis. The company is Azellon, Ltd.
Prof Anthony Hollander from the University of Bristol in the UK, has been busy recently, raising over £1.6 million (US$2.3 million) to fund trials, including the first human study, of "cell bandage" technology. The latter aims to save thousands of patients from the type of knee surgery that currently leads to premature osteoarthritis (OA).
See Azellon Ltd.