Business
CellPlan expansion, e-commerce platform launch UK
CellPlan expansion, e-commerce platform launch UK.
About this update from Iconic Labs Plc
[{"type":"text","content":"\n \nRNS Number : 3848T WideCells Group PLC 12 October 2017 \n\n12 October 2017\nWideCells Group PLC ('WideCells Group' or 'the Group')\nCellPlan expansion into Spain and e-commerce platform launched to all families in the UK\n \nWideCells Group PLC, the healthcare services company focused on providing stem cell services and ground-breaking insurance for stem cell treatment, is pleased to announce that its 100% owned subsidiary CellPlan Limited ('CellPlan') is set to launch its first-of-its-kind stem cell healthcare insurance plan and medical concierge service in Spain, marking the Company's landmark expansion into a new geographic region. Alongside this, the Group is pleased to confirm that its CellPlan e-commerce platform is now fully live in the UK, meaning that CellPlan is now available to buy nationally. \n \nHighlights\n \n· CellPlan to be launched in Spain by the end of 2017\n \n· Commercial roll-out and sales to commence via commercial agreement with storage facility and launch of e-commerce platform enabling maximum market penetration\n \n· Definitive Agreement signed to roll-out CellPlan to clients of Stem Cell Banco Celulas Madre, S.A. ('Stem Cell'), an established provider of stem cell storage services, which has been in operation for over ten years\no Stem Cell has leading storage facilities in Spain and is also a member of the Regenera Swiss AG group, which provides exposure to and affiliation with other European facilities, particularly in Germany\no Approximately 2,000 stem cells are currently stored by Stem Cell - both new and existing clients will be able to purchase CellPlan with product launch targeted by the end of the year\no Agreement marks CellPlan's third commercial agreement with a cord blood storage facility, building upon current agreements secured in the UK and Brazil\n \n· E-commerce platform to be launched in Spain by the end of 2017 enabling families / prospective clients to purchase CellPlan directly\no Spain is one of the most established cord blood and stem cell storage markets in Europe - launch of platform enables CellPlan to rapidly target this significant market\no Platform facilitates mass market penetration and global roll o...