The ground breaking Regenerative Medicine Research taking place at the JNF Hospital has received the necessary approval from established and internationally recognised organizations. . The project is a Phase 2-staged Clinical Trial of a research initiative which has already received US-Food & Drug Administration (FDA) level one approval.
There are two Regenerative Medicine PROJECTs that were approved by the Team UNITY Administration and were carefully vetted prior to approval. Advice was sought and obtained from key stakeholders in Health including members of the St. Kitts and Nevis Medical Board, Ministry of Health in the Nevis Island Administration (NIA), and the Pan American Health Organisation (PAHO).
One of the Two Projects that were approved was first approved in 2013 by the Dr. Denzil Douglas led Administration Douglas-led Labour Administration on March 5, 2013, via letter signed by then Cabinet Secretary, Mr Joseph Edmeade. The Douglas Government also secured an investment from the Sugar Industry Diversification Foundation (SIDF) in the sum of over $800,000 for this private venture.
The private sector partners of the project include the St. Kitts Marriott (Royal Plastics Group); St. Kitts Biomedical Research Foundation – in an advisory capacity; Canadian businessman, Mr Kevin Klein; and two other investors, including a Brazilian medical group.
This initiative is part of this Government’s commitment to diversify the economy via targeted investments in medical tourism and the medical services sector. By extension, economic investments in the Federation’s health and wellness sector is inclusive of attracting cutting edge technology, research and development in the area of Regenerative Medicine, given that this is, by far, one of the fastest growing sub-sectors of the global healthcare industry.