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WideCells launches its innovative insurance product in Spain after successful trial period

The soft roll-out saw the company sign up 20 new customers
stem cell storage facility
The company's partner is one Spain's leading stem cell storage groups

Stem cells specialist WideCells Group PLC (LON:WDC) has launched its innovative insurance product in Spain.

It follows a soft roll-out of CellPlan via partner Stem Cell Banco Celulas Madre, a storage service specialist.

READ: WideCells appoints Dr Jeremy Lea as chief operating officer

During this trial period, the company signed up more than 20 customers. However, the prize is much bigger as Stem Cell has 22,000 clients. Discussions are also underway with other storage businesses.

Spain is one of Europe’s most developed cord blood and stem cell storage markets.

“Given the positive uptake and interest shown from new Stem Cell clients, with no marketing campaigns yet implemented, we are confident that the launch of our e-commerce platform and full sales activities will prove fruitful,” said WideCells' CEO, João Andrade.

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WideCells Group Timeline

Big Picture
April 18 2019

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