WideCells Group PLC (LON:WDC) achieves the key strategic milestone of an agreement with one of the world's largest stem cell banks, Cryoviva, which operates in Thailand, Singapore and India.
Chief Executive Joao Andrade outlines the current and growing potential for WideCells' stem cell insurance product, CellPlan, which should produce staged revenue increases from the second half of 2018.
The move gives WideCells access to the Asia Pacific Markets, which are amongst the fastest growing in the world for stem cell storage. It follows recent contracts in Europe and South America.
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