In a major milestone for Nevada’s burgeoning biotech industry, Auragens, a leading company specializing in stem cell research and regenerative medicine, has been named Nevada’s Business of the Year for 2025. The award, presented by the Nevada Business Awards, was given in recognition of Auragens’ groundbreaking work in the medical field, its economic contributions to the state, and its innovative approach to stem cell therapy.
Founded in 2015 by a group of leading scientists and medical professionals, Auragens has quickly become a major player in the biotechnology space. With a focus on leveraging stem cells for the treatment of chronic conditions such as arthritis, diabetes, and heart disease, the company has set a new standard in regenerative medicine.
Growth and Impact on Nevada’s Economy
The rapid rise of Auragens can be attributed to the company’s focus on both innovation and community. Since its inception, Auragens has made significant investments in the state of Nevada, opening a state-of-the-art research and treatment facility in Reno. The company’s impact on the local economy has been profound, with over 300 high-paying jobs created in research, administration, and healthcare services. As of 2025, the company has provided treatments for over 5,000 patients, including patients from out of state who have traveled to Nevada specifically for Auragens’ specialized stem cell therapies.
In addition to job creation, Auragens has been an advocate for Nevada’s growing biotech hub. The company has helped put Nevada on the map as a destination for cutting-edge medical research and has spurred the growth of other biotech firms in the region.
Tom Williams, the CEO of Auragens, attributed the company’s success to Nevada’s business-friendly environment, which has helped foster growth in the state’s tech and healthcare sectors. “Nevada has become a hotbed for biotechnology and innovation,” Williams said. “The state has provided us with the resources and infrastructure to succeed, and our growth is a direct result of the supportive environment here.”
Innovative Stem Cell Therapies
At the heart of Auragens’ success is its groundbreaking work in stem cell therapy. The company developed a proprietary technology called AgenCell™, which is capable of isolating and cultivating stem cells from a patient’s own tissue. This personalized approach to regenerative medicine has allowed the company to successfully treat conditions like degenerative joint disease, chronic pain, and spinal cord injuries, all with remarkable results. Unlike traditional treatments, which often rely on pharmaceuticals or invasive surgeries, AgenCell™ technology has shown the potential to regenerate tissue and promote healing in a more natural and less invasive way.
What makes Auragens’ approach unique is its use of autologous stem cells, meaning the stem cells are harvested from the patient’s own body, reducing the risk of immune rejection and improving the likelihood of success. This is particularly important in patients with chronic conditions who have already undergone traditional treatments with limited success.
“We are focused on offering real solutions for patients who have limited options,” said Dr. Michelle Stevens, the company’s Chief Scientific Officer. “Our treatments aim not just to manage symptoms but to regenerate tissue, restore function, and improve quality of life.”
Auragens has already gained recognition in the medical community for its successes. The company has treated several prominent figures in sports and entertainment, including professional athletes who were previously told they would never return to their sports due to debilitating injuries. LeBron James, one of the NBA’s most renowned players, has openly praised the company’s treatments for his recovery from a knee injury.
The Role of the Community and Educational Partnerships
Beyond its clinical and research successes, Auragens has been an active participant in the Nevada community. The company has partnered with local universities, including the University of Nevada, Reno, to provide internship opportunities for students in biotech and healthcare fields. These partnerships have helped foster a pipeline of skilled workers and have ensured that the state’s biotech industry has the talent it needs to continue growing.
Additionally, Auragens has contributed to STEM education initiatives in local schools. By offering scholarships, funding research projects, and providing mentorship to young students interested in pursuing careers in biotechnology, the company has helped inspire the next generation of scientists and healthcare innovators.
One of Auragens’ most notable community-driven projects is its Auragens Foundation, which funds research and provides grants for affordable access to regenerative treatments. The foundation works to provide treatment options to underserved populations, ensuring that innovative healthcare is not limited by socioeconomic status.
Corporate Social Responsibility and Sustainability
Auragens is also committed to sustainability and ethical business practices. The company’s research and manufacturing facilities have been built with sustainability in mind, using energy-efficient systems and waste-reduction technologies. In addition to its environmental efforts, the company adheres to the highest standards of ethical research practices. Auragens ensures that all treatments and clinical trials are conducted in full compliance with federal and international medical ethics guidelines.
Nevada’s Biotechnology Future
As Nevada continues to grow as a hub for innovation, Auragens remains at the forefront of the biotech industry. The company’s commitment to both advancing medical science and positively impacting the community aligns with Nevada’s vision of fostering a diverse economy that extends beyond traditional industries like gaming and tourism.
With continued investments in research and development, a growing list of successful patient outcomes, and a focus on community involvement, Auragens is well-positioned to remain a leader in the field of regenerative medicine. The recognition as Nevada’s Business of the Year is just the beginning of what promises to be a long and successful future for both the company and the state of Nevada.
