Stepan Gishyan foundation provides funds for purchase of equipment to grow human skin for transplantation

YEREVAN, October 20. /ARKA/. Thanks to Stepan Gishyan Foundation, run by ACBA-CREDIT AGRICOLE BANK, human skin for transplantation surgeries will be grown in Armenia, the bank’s press service reported today.

It said the Laboratory of Immunology and Tissue Engineering of the Orbeli Institute of Physiology received funding from the Stepan Gishyan Foundation for acquiring a modern incubator that creates an environment closest to the human body. The incubator will allow, through stem cells, to grow human skin in the laboratory to be used in surgery.

“We acquired a very good incubator. The previous one did not provide sufficient conditions necessary to maintain a viable cell state, and very often our experiments failed due to technical problems,” said Zaruhi Karabekyan, head of the Immunology and Tissue Engineering Laboratory at the Orbeli Institute of Physiology.

She explained that earlier the employees had to make marks on the CO2 gas and temperature scale in order to regulate manually, and now the incubator has a self-regulation function.

“Our first step will be to isolate stem cells from adipose tissue, then we will create a cell database that will be used to grow the skin that corresponds to our gene pool. The cell database will help to obtain various tissues, for example, of the liver, arteries and tissues of organs,” Karabekyan said.

According to Anna Gishyan, the director of the Stepan Gishyan Foundation, it is gratifying that now the scientific work in the laboratory will be carried out with greater efficiency, and students will have the opportunity to conduct practical activities using modern equipment.

“Currently, Armenian doctors receive tissues for skin transplantation surgeries from other countries, and we hope that due to investments from the foundation and the work of our scientists, we will soon have an alternative,” she said.

In 2015, ACBA-CREDIT AGRICOLE BANK, French Credit Agricole, the National Federation of Credit Agricole and the family of Gishyan founded the Stepan Gishyan charitable foundation. This year it has received 128 applications for participation in grant programs. The program of the Immunology and Tissue Engineering Laboratory of the Orbeli Institute of Physiology is one of the four winners of the Foundation’s grants.

ACBA was established in 1996 as part of EU’s TACIS program. As a result of a long-term and mutually beneficial cooperation between ACBA Bank and the French Credit Agricole the latter became the biggest shareholder of ACBA in 2006, September. ACBA was restructured, becoming a closed joint stock company and was renamed ACBA CREDIT AGRICOLE BANK. -0-

spot_img

POPULAR

Pensions, benefits, and cashback: Armenian government allocates 40.8 billion drams for these purposes

At its meeting on Thursday, the Armenian government decided to allocate 40.8 billion drams to fund pension and social payments for the fourth quarter of 2026.

World Bank Group Mobilizes $342 Million in Private Capital in Armenia in FY2026—a 56-Fold Increase Since FY2022

The World Bank Group mobilized $342 million in private capital in Armenia during the 2026 fiscal year—a 56-fold increase compared to the $6 million recorded in the 2022 fiscal year, the World Bank’s Armenia office reported.

NVB Frontier Forum: Where global technology market and private capital meet in Yerevan

Space technologies, artificial intelligence, and private markets are gradually emerging as key areas for new investment opportunities.

Net inflow of remittances to Armenia from abroad doubled over 8 months

The net inflow of cross-border remittances to individuals in Armenia, received from abroad via the banking system of the Republic of Armenia, totaled $1.8 billion in January–August 2026, compared to $889.3 million in January–August 2025, according to a report by the republic's Central Bank.

Armenia’s public debt to remain below 50% of GDP in the medium term – Finance Ministry

Armenia’s public debt will remain below 50% of GDP in the medium term, stated the Republic’s Minister of Finance, Vahe Hovhannisyan.

LATEST NEWS

spot_imgspot_imgspot_img