DGAP-News: Vita 34 AG: Expansion of Foreign Business with Partners in Eastern Europe
(firmenpresse) - DGAP-News: Vita 34 AG / Key word(s): Alliance
Vita 34 AG: Expansion of Foreign Business with Partners in Eastern
Europe
08.07.2013 / 09:53
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Vita 34 AG: Expansion of Foreign Business with Partners in Eastern Europe
- Cooperation partner Bio Save expands sales activities in Romania and
Croatia
- New markets offer additional sales and profit potential for Vita 34
- With more than 95,000 umbilical cord blood preparations stored, the
company is the confirmed market leader in the German-speaking countries
Leipzig, 08 July 2013 - Vita 34 AG (WKN A0BL84), Europe's oldest private
stem cell bank and specialist for cryo-preservation is expanding its
international presence by means of cooperative ventures with the Serbian
Bio Save company. Bio Save plans on expanding activities to Romania and
Croatia. Thanks to the existing, nearly year-old sales and marketing
cooperative venture with Bio Save, Vita 34 is storing umbilical cord blood
for customers from Serbia, Montenegro, Macedonia and Bosnia-Herzegovina.
Vita 34 expects positive impetus on the number of storages from the planned
Bio Save expansion. Moreover, Vita 34 will round out its offering in the
East European market with an additional cooperation partner in Bulgaria.
Apart from Germany, Vita 34 is active in a total of eleven European
countries via subsidiaries and cooperation partners. Within the context of
the cooperation, the partner companies are independently responsible for
the marketing and sales activities for the storage of umbilical cord blood,
and in doing so use the collection kit developed by Vita 34. Vita 34 then
readies the umbilical cord blood preparations under observance of the
highest quality standards for permanent storage in its own cryo-tanks at
its Leipzig headquarters.
Dr. AndréGerth, Chairman of the Management Board of Vita 34 AG: 'We are
delighted to announce the expansion into these European markets. We have
been able to attract accomplished sales partners with Bio Save and also now
in Bulgaria. In the medium term we see additional potential for positive
effects on revenue and profit in the new markets.' For example, umbilical
cord blood is currently collected and stored in some 11,000 births annually
in Romania. Vita 34 expects to be able to achieve a significant market
share there.
Vita 34 is the market leader in the entire German-speaking region, with
more than 95,000 umbilical cord blood preparations stored.
Company Profile
Vita 34 was founded in 1997 as the first private umbilical cord blood bank
in Europe and, as a complete provider, offers collection logistics,
preparation and storage of umbilical cord blood. The basis for its
successful work is an outstanding position in the technological segment of
cryo-preservation. Here, cells and tissues are preserved alive at
temperatures around minus 190 degrees Celsius, and can be used if needed in
the context of medical treatment. Parents of more than 95,000 children are
already taking advantage of this offering and have provided for their
children with a stem cell deposit at this Leipzig company.
Contact:
cometis AG | Ulrich Wiehle | Mariana Kuhn
T: +49 611 20 58 55-61
F: +49 611 20 58 55-66
M: kuhn(at)cometis.de
End of Corporate News
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08.07.2013 Dissemination of a CorporateNews, transmitted by DGAP - a
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The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
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Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Vita 34 AG
Deutscher Platz 5a
04103 Leipzig
Germany
Phone: +49(0341)48792-40
Fax: +49(0341)48792-39
E-mail: ir(at)vita34.de
Internet: www.vita34.de
ISIN: DE000A0BL849
WKN: A0BL84
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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220161 08.07.2013
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Datum: 08.07.2013 - 09:53 Uhr
Sprache: Deutsch
News-ID 276067
Anzahl Zeichen: 4654
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Kategorie:
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