Better known as Digby Jones, the long-time director-general of the CBI, Lord Jones of Birmingham is most often heard voicing his prescription for repairing companies or the economy. His latest role is at a company that wants to repair hearts.
Cell Therapy, (CellTherapyLtd) in which Lord Jones has invested, is hoping to introduce a medicine called Heartcel in 2016 that uses stem cells to reduce the muscle scarring that can lead to heart failure. The company is led by Professor Sir Martin Evans, who received the Nobel Laureate for Medicine in 2007.
The Times reports Digby Jones joins Cell Therapy Limited and leads an innovative crowdfunding initiative with Crowdcube: https://www.crowdcube.com/investment/cell-therapy-17426