Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Company has a stem cell insurance scheme
Thursday 20 Jul 2017 Author: Lisa-Marie Janes

Stem cell services provider WideCells (WDC) hopes to take advantage of 3m cord blood samples held in storage in 500 facilities globally. Cord blood remains in the placenta and contains stem cells, which can be used to treat genetic disorders.

WideCells currently has agreements with global facilities that store approximately 1,000 blood cord samples worldwide.

The company uses these deals to offer stem cell insurance when people want their blood cord stem cells stored. The company expects to expand its deals to cover another 5,000 to 6,000 samples in the next three years.

‹ Previous2017-07-20Next ›