Technology Grant Helps Businesses Grow - Hawaii News Now - KGMB and KHNL

Technology Grant Helps Businesses Grow

Lab grown blood vessels developed by Tissue Genesis, a company with labs in Kakaako. Lab grown blood vessels developed by Tissue Genesis, a company with labs in Kakaako.

(KHNL)  In the Kakaako labs of Tissue Genesis, scientists say they've got a breakthrough that could revolutionize medicine.

The company developed a process to grow new blood vessels in a lab, veins and arteries that wouldn't be rejected by a patient's body because they are grown from that person's own cells.

"The donor is the patient. So in a severe case you're not waiting to find a donor," said Anton Krucky, Tissue Genesis president.

The company believes its technology can change the lives of patients.

"This is either for trauma or accident type patients or type of chronic diseases like diabetes or heart disease," Krucky said.

The same process can grow new knee ligaments. But financing this kind of research in Hawaii can be just as challenging as developing the technology.

"We really are on a frontier basis in this industry," Krucky said. "But at the same time there are people interested."

The State House approved creation of a $100 million state fund to support technology firms, either through grants or direct investment.

"The concern for the industry is that there's not enough capital like other areas, say like the West Coast or in Asia," said Rep. Jon Karamatsu, House Economic Development chairman.

Tissue Genesis hopes to start human testing for federal approval within a year. With more financing, a growing technology industry may not be far behind.

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