Cord Blood Bank Being Built in Ahmedabad, India

Cord Blood Bank Being Built in Ahmedabad, India

Papers have been signed and things are moving ahead between StemCyte Inc, an American company, and Apollo Hospital Enterprises Ltd. This collaboration hopes to bring about a revolution in the treatment of over seventy different types of diseases by introducing ‘plasma depletion’ technology in India.

A Memorandum of Understanding between the two companies was signed at the Vibrant Gujarat Summit and the collaboration has resulted into StemCyte India Therapeutics Pvt. Ltd.

This cord blood bank will be located in Ahmedabad and will have the patented technique of processing and storage of StemCyte Inc., announced the officials of the StemCyte on Thursday.

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