I first
heard and encounter Cordlife three years ago and from that time they had been a
part of many families life. When a mom becomes, pregnant; Cordlife has been a
top of the mind thing because it signifies security for their children.
Cordlife recently made a break though with their facility
- New facility features separate
isolated processing rooms for cord blood and cord lining, the first and only
such facility in the Philippines.
- The facility is designed with
cryogenic storage capacity for as many as 30,000 cord blood/cord lining units.
Cordlife
Medical Philippines Inc (“Cordlife” or the “Company”), a fully owned subsidiary
of Cordlife Group Limited, a Singapore Exchange mainboard listed consumer healthcare
company catering to the mother and child segment, announced the opening of
their newly upgraded stem cell processing and cryopreservation facility at
UP-Ayalaland Technohub, Quezon City. This expansion came less than 5 years from
the opening of its facility in the country and was mainly driven by the growing
number of parents who recognize the value of banking their baby’s stem cells in
the country.
The
event launch held at Crowne Plaza in Ortigas on Nov. 18, 2014 was hosted by
popular DJ Delamar Arias and graced by celebrity moms, actress and beauty queen
Lara Quigaman and reporter/journalist Niña Corpuz. Delamar, Lara and Nina all
shared their personal experiences of being Cordlife moms themselves.
Also in
attendance to underscore Cordlife’s commitment to Filipino parents and their
children were Cordlife Group CEO Jeremy Yee, Cordlife Philippines Medical
Director Dr. Arvin Faundo, and Cordlife Philippines Director Michael Arnonobal.
The
event highlighted the five essentials of mother and child that Cordlife
addresses through services. These essentials are security, expertise,
investment, bond, and value for life.
With the
newly upgraded stem cell facility that can accommodate up to 30,000 cord blood
and cord lining units, more parents can enjoy a sense of security when they
bank their baby’s stem cells at Cordlife’s state-of-the-art processing and
cryopreservation laboratory. Parents who banked with Cordlife can have peace of
mind knowing that their baby’s stem cells are kept in a highly secure
laboratory that was built to withstand earthquakes of up to magnitude 8, and
ward off fire with its fire-retardant walls. Furthermore, the vapour-phased
liquid nitrogen cryogenic tanks used to preserve the cord blood and cord lining
samples are not dependent on electricity, making them 100% safe and reliable in
case of power outages.
Cordlife’s
expertise in the stem cell banking arena, is proven not only by being the
largest network of cord blood banks in Asia, but also the number of cord blood
releases for stem cell transplant and their adherence to the stringent global
standards of AABB (formerly known as American Association of Blood Banks).
Cordlife Philippines is also the country’s first and only ISO 9001:2008 and Department
of Health-registered cord blood and cord lining bank.
“With over
13 years of experience in the industry and as a mainboard-listed healthcare
company on the Singapore Exchange, we are in the position to provide long-haul
high quality stem cell banking service to parents in the Philippines,” says
Jeremy Yee.
In
addition to cord blood banking, Cordlife Philippines also offers cord tissue
banking service, launched last year. “While cord blood is a rich source of
hematopoietic stem cells used to treat blood disorders, cord tissue is a rich source of mesenchymal and epithelial
stem cells, both of which are now under extensive clinical study for
regenerative medicine and a host of other applications such as stroke, myocardial
infarction and diabetes treatment,” according to Dr. Arvin Faundo. “Stem cell
therapy is indeed one of the brightest spots in the future of medicine, and
families can start investing on this future today with Cordlife,” he adds.
Cordlife
emphasized once more their commitment to provide more value for life by being a
steadfast partner to parents who wish to bank their baby’s stem cells because
of their proven ability to treat Leukemia, Thallasemia and other types of
cancers2. “I actively tried to develop our parenting IQ, from how to change a
diaper to knowing the many diseases that could threaten my baby’s future. I
still remember the sense of relief having found out that we could provide him
biological insurance through stem cell banking,” saying Lara Quigaman.
By
storing the blood and lining of their baby’s umbilical cord, the first
connection between mom and child, Cordlife helps preserve this precious bond.
Partnerships are forged with trusted hospitals and research institutes like
Duke Medicine research, adding more value to this special mother and child bond.
All
these essentials are available to parents as a practical investment for their
child’s health. “To help the most number of Filipino families access this
important service, Cordlife offers cord blood/cord lining banking for as low as
P8,000 per year, and offers flexible payment schemes that are within reach of
most families,” says Michael Arnonobal.
ABOUT CORDLIFE MEDICAL
PHILIPPINES INC
Cordlife
Philippines was officially launched in February 2010 as Philippines’ first and
only cord blood processing and cryopreservation facility to better serve the
cord blood banking needs of the local market. Registered with the Department of
Health, the ISO-certified facility was built in accordance to global gold
standards such as the American Association of Blood Banks to give local
families peace of mind. In 2013, the Company launched the country’s first and
only cord lining banking service, using CellOptima™, a patented technology
invented in Singapore that can isolate and expand two types of stem cells from
the umbilical cord lining. Cordlife’s 365-day facility is equipped with the
world’s most advanced fully automated cord blood processing system, SEPAX-2®
and has a storage capacity for 30,000 cord blood units. Cordlife Philippines is
a subsidiary of Cordlife Group Limited, a mainboard company listed on the
Singapore Exchange.
ABOUT
CORDLIFE GROUP LIMITED (Bloomberg stock code: CLGL)
Incorporated
in May 2001, Cordlife Group Limited (“Cordlife”, and together with its
subsidiaries, the “Group”), is a consumer healthcare company catering to the
mother and child segment and a leading cord blood and umbilical cord lining
banking services provider. Amongst the first private cord blood banks in Asia,
Cordlife has established a dominant market leader position in Singapore[1]. Today, it has the larger market share
of the only two private cord blood banks in Singapore. In Hong Kong, it is
amongst the three market leaders for private cord blood banks. Cordlife
completed the acquisition of the cord blood and umbilical cord lining banking
businesses and assets in India, the Philippines and Indonesia from
Australia-listed Life Corporation Limited (formerly known as Cordlife Limited)
in June 2013.
Cordlife,
through its collaborative relationships or arrangements with major private
hospitals and clinics such as Thomson Medical and Parkway East Hospital, has
continued to increase public awareness of its cord blood banking services in
Singapore. Overseas, the Group has a 10% direct stake in China Cord Blood
Corporation – a top cord blood bank operator in China holding majority shares
in the Beijing, Guangdong and Zhejiang Cord Blood Banks, and an approximately 24%
share in Shandong Cord Blood Bank. In October 2013, Cordlife also acquired a
19.92% stake, which was subsequently increased to approximately 31.81% in
December 2013, in StemLife Berhad. StemLife Berhad is a fully licensed cord
blood banking facility with the Ministry of Health Malaysia currently listed on
the ACE Market of Bursa Malaysia.
Cordlife
has been accredited since 2005 by AABB (formerly known as the American
Association of Blood Banks), an association involved in the field of
transfusion medicine and cellular therapies. The Group is one of the first
private cord blood banks in Singapore and amongst the first in Hong Kong to
have released cord blood units for transplants and other therapeutic use. In
Singapore, Cordlife was the first private cord blood bank to release cord blood
units for the treatment of cerebral palsy.
Cordlife’s
track record has won the Group many accolades and awards, including: Best
Medical Service Award 2010 by Capital CEO Supreme Brand Awards; Top
Pregnant/Baby Products Award 2011 by Pregnancy Magazine; Outstanding Financial
Strength Cord Blood Bank 2012 by Quamnet Outstanding Enterprise Awards; Most
Popular Brand Award 2010 – The Most Popular Cord Blood Bank by TVB Weekly;
U-Choice Lifestyle Brand Award 2010 by Metroinfo FM99.7; Baby & Kid Brands
Awards year 2013, “My Favourite Cord Blood Bank” by Hong Kong Economic Times;
and Baby Kingdom Top 10 Family Brand Award 2012[2]. In October 2012, Cordlife was awarded
the prestigious SIAS Investors’ Choice Awards as runner-up in the “Most
Transparent Company Award 2012” New Issues Category. In August 2013, we were
presented with Merit Award for the Singapore Corporate Awards 2013, “Best
Investor Relations Award”. In November 2013, Cordlife was named the “Most
Transparent Company 2013” in the Retail & Household Goods Category and
Mainboard Small Caps Category at the 14th SIAS Investors’ Choice Awards.
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