WideCells expands its reach to Spain
"The Spanish cord blood and stem cell storage market is one of the most established in Europe and accordingly is a highly prospective region for us,” said chief executive João Andrade
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Iconic Labs PLC is a media and technology business focused on the identification, acquisition and growth of technology-driven companies in the online media, artificial intelligence and big data gathering, processing and analysis sectors. The company works with lean online companies that can scale rapidly, operate internationally with an inexpensive footprint, and provide a broad array of services across various sectors through the effective use of information and video gathering, data mining, just-in-time processing and online collaboration technology.
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"The Spanish cord blood and stem cell storage market is one of the most established in Europe and accordingly is a highly prospective region for us,” said chief executive João Andrade
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In a walk and talk tour, Andrade also gives an overview of the company’s new state-of-the art laboratory and stem cell storage facilities
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The company is a specialist in the storage of stems cells from the umbilical cord, which could provide a potentially life-saving treatment for 82 blood-borne diseases
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A commercial launch is targeted for the first quarter of next year.
FTSE 100 closed 9.35 lower at 7,301 and the FTSE 250 added over 49 points at 19,566
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The cash will be spent on its three divisions: CellPlan; WideCells; and WideAcademy
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The research licence paves the way to a collaboration with Qigenix, which is assessing the potential to activate stem cells using lasers
With an hour and a half of trading to go in London, the FTSE 100 index was 36 points higher at 7,404, albeit remaining below an early peak of 7,425.52
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The online facility will initially be for customers of tissue bank Biovault
London stocks were on the front foot this morning, but they quickly retreated this afternoon...