Latest / Your Way Home with Hongbin Jeong
Under the Radar: Cordlife Group CEO Tan Poh Lan on the private cord blood bank business; Whether cord blood storage generates long-term recurring revenue; Stickiness of customers; Demand across markets given price differentiation; OptiQ service and collaboration with AMILI
What comes to mind when you think of delivering newborn babies? Well, the baby comes out, and the umbilical cord is clamped, cut and discarded. As we know today, cord blood is a very good source of blood stem cells and can be used in transplants to treat blood disorders and cancers. So instead of throwing the umbilical cord away just like that, more parents are requesting to harvest cord blood from their newborn’s umbilical cord during delivery. According to Health Hub, the blood is stored in liquid nitrogen tanks at about negative 180 degrees Celsius at a cord blood bank, and can be…
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