Prescott, Wis. - Phillips Plastics Corp., a custom injection molder and materials science company based in Prescott, Wis., has entered into a collaborative agreement with a St. Paul biomedical company to develop and commercialize stem cell therapeutics for orthopedic applications. The agreement with BioE, Inc., which develops human stem cells for drug discovery and therapeutic research, represents a convergence of medical technologies in the form of bio-devices, and has enormous potential for the orthopedic industry, according to Michael Haider, president and CEO of BioE. The companies plan to develop “orthobiologics” products from BioE's proprietary multi-lineage progenitor cell, which is derived...