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WideCells' financing draws a line under funding needs says CEO Andrade

WideCell PLC’s (LON:WDC) chief executive Joao Andrade explains why the latest financing draws a line under the stem cell business’s funding needs and how it will recover from here.

The money enables us to focus solely on the sale of our insurance product, CellPlan, and the stem cell processing and storage service, he tells Proactive.

It has been a challenging year, but a learning curve for the group but the group understands now how long it takes both to launch a product and to ramp up sales.

Year-end results will start to show the benefits, he adds.

 
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