Stempeutics Research, a biotechnology company developing stem cell based medicinal products, is all set to introduce its investigational new drug (IND) in India by 2012. The drug is being developed in India is for acute myocardial infarction and critical limb ischemia. The Critical Limb Ischemia Study is being conducted in Amrita Institute of Medical Sciences, Kochi; Sir Ganga Ram Hospital, New Delhi; M S Ramaiah Memorial Hospital, Bangalore and in Bhagawan Mahaveer Jain Heart Centre, Bangalore.