ZUTPHEN, The Netherlands, October 7, 2013 /PRNewswire/ --
Cryo-Save Group N.V. (Euronext: CRYO, 'Cryo-Save', or 'the Group'), the leading international stem cell storage company and the largest family stem cell bank in Europe, announces that it reached the major milestone of storing more than 250,000 stem cell samples since its foundation in 2000. At the same time, October 2013 marks the 25th anniversary of the first umbilical cord blood transplant performed by Dr. Eliane Gluckman in October 1988.
Since its flagship laboratory in Niel, Belgium, opened its doors in 2009, stem cells from umbilical cord blood and cord tissue have been processed and stored in this purpose-built facility. This state-of-the-art processing and storage unit has a capacity of processing 30,000 new umbilical cord blood samples per year and is capable of storing up to 1 million stem cell samples.
Evi Mattil, Cryo-Save's Chief Commercial Officer and CEO ad interim, said: "More than 250,000 parents have placed their trust in us and in our ability to safely and competently take care of their children's stem cells from umbilical cord blood and in many cases additionally also cord tissue adding up to a total exceeding 250,000 completely unique and very special samples. We take great pride in our work and ensure that we do everything in our power to exceed our clients' expectations in order to maximize the probability of clinical success whenever needed in future. Our continuous efforts to grow Cryo-Save´s client base are a major driver of our turnaround to achieve the objective of swinging back to profitability by year end where we are progressing as planned."
Sally Snyman, Laboratory Director at Cryo-Save's laboratory in Niel, Belgium said: "The complete process, from collection of the sample through transportation, processing, testing, freezing, storage and release for therapy, is highly monitored and controlled. Cryo-Save is a fully licensed Tissue Bank in the Netherlands, accredited by AABB. Our laboratory operations in Niel are licensed by the Belgian authorities, accredited by AABB as well as certified according to ISO 9001 and WHO-GMP, passing with success the continuous inspections by external and independent competent authorities."
About Cryo-Save (http://www.cryo-save.com/group)
Cryo-Save, the leading international family stem cell bank, stores more than 250,000 samples from umbilical cord blood and cord tissue. There are already many diseases treatable by the use of stem cells, and the number of treatments will only increase. Cryo-Save has cryopreserved samples from over 70 countries on six continents, with ultra-modern processing and storage facilities in Belgium, Germany, Dubai, India and South Africa.
Evi Mattil, Chief Commercial Officer and Chief Executive Officer a/i
SOURCE Cryo-Save Group N.V.