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

Net inflow of non-commercial remittances to Armenia increased by 30.2% in May — World Bank

Net inflow of non-commercial remittances to Armenia increased by 30.2% in May 2026 compared to the same period last year, according to the World Bank's Armenia Monthly Economic Update – July 2026.

“ML Fashion” issues bonds: distributor: “Cube Invest”

“ML Fashion” LLC, operating in Armenian fashion retail market, announces public issuance of nominal coupon bonds. The underwriter of the issue is “Cube Invest” investment company.

Yerevan’s budget revenues for January-June exceeded the target by 10.3%

As of June 30, 2026, Yerevan's budget revenues amounted to 49.2 billion drams, compared to the planned 44.6 billion drams for January-June, according to David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

“Golden Crown” has restricted money transfers from Russia to Armenia and several other countries

The "Golden Crown" payment system has restricted money transfers from Russia to Armenia, Georgia, Kazakhstan, and several other countries following the imposition of new EU sanctions, Russian media report.

Armenia approves list of stock exchanges for application of new rules for taxation of bank dividends

At a meeting on Thursday, the Armenian government approved a list of stock exchanges whose listing status will be taken into account when applying a differentiated taxation system for dividends on bank shares.

LATEST NEWS

spot_imgspot_imgspot_img