Cellaviva becomes an independent company under NextCell Pharma

Cellaviva, the stem cell bank operated by NextCell Pharma AB, has announced its transition to an independent company. This strategic move will enable Cellaviva to further focus on its core mission of providing expectant parents with the opportunity to preserve and store valuable stem cells collected from the placenta and umbilical cord. These cells, which would otherwise be discarded post-birth, offer significant potential for future medical treatments and therapies.

Since its inception in August 2015, Cellaviva has garnered a growing customer base each year, reflecting increasing awareness and demand for stem cell preservation services. This growth trajectory has positioned Cellaviva to successfully operate as a separate limited company effective September 1, 2024, while remaining a wholly owned subsidiary of NextCell Pharma AB.

Incoming CEO of Cellaviva Sofie Falk Jansson will outline her vision and strategic plans for the company's future in a presentation scheduled for 09:00 today, Wednesday, June 5. The presentation will be available for live streaming and for later viewing via the provided link:

https://www.redeye.se/events/1014540/investor-update-nextcell-pharma