Investing in R&D is just one way that 2016 EOY winner Allen Eaves keeps Stemcell Technologies ahead of the curve
Most people see retirement as an opportunity to step back from the work life and indulge in some leisure time. But Allen Eaves isn’t most people. When the founder and former director of the BC Cancer Agency’s Terry Fox Laboratory (TFL) took mandatory retirement, he turned a side project into an innovative international biotechnology company. And he’s just getting started.
“We’re going to hit $1 billion in 12 years, the way we’re going,” the ebullient hematologist insists. Eaves, 2016’s overall EOY winner for the Pacific Region, founded Stemcell Technologies Inc. in 1993, initially as a small supplier to research colleagues of a medium necessary for growing stem cells. Since his 2006 retirement, president and CEO Eaves has grown the business at a blistering pace of 20 percent a year on average.
