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Stem Cell Storage Linked To Yearling Sale Values

Tuesday, 21st October 2008

Meanwhile the stem cell storage revolution continues to gain momentum. Senior scientist Rick Tocchetti & his team at Adelaide's Institute of Medical & Veterinary Science face a busy morning, with stem cell umbilical cord samples due to arrive for processing for Vet Biotechnology's stem cell storage service Stembank from champion racemare Private Steer & multiple Gr1-winner Racing To Win's dam Surrealist (who have foaled at Coolmore Stud), New York Style (who foaled at Chatsworth Park) & Irish mare Siberie (who foaled at Lindsay Park Stud). And later in the week stem cell banking samples are also expected from the foalings of Gr1-winner Mon Mekki (in-foal to Elusive Quality), Kournerov (in-foal to Barely A Moment), Gift Bouquet (in-foal to Lonhro), Prawn Cocktail (in-foal to Encosta De Lago) & Royal Mask (in-foal to Hussonet). However Vet Biotechnology general manager David Bridgland noted: "While these are some of the most valuable foals to be born in Australia this year, the majority of support for Stembank has come from the middle market. In addition to the now well-documented therapeutic benefits of stem cell procedures, canny breeders are unlocking the marketing benefits of stem cell storage to underpin values at the yearling sales. The prospect of a future breakdown turning a valuable racehorse into a $500 hack can now be a thing of the past."

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