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Industry Center > > Lifebank Corp. Company Profile
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Lifebank Corp. Company Profile
To Lifebank, umbilical cord blood is not just a lifeline; it's biological insurance. The company is a Canadian cord blood bank that collects and cryogenically preserves umbilical cord blood stem cells for private clients. Because they are able to regenerate bone marrow, hematopoietic stem cells found in umbilical cord blood allow the cord blood to be used in place of bone marrow transplants. Parents can choose to have their newborn's umbilical cord blood stored to potentially treat future illnesses. The company, founded in 1996, is one-third owned by its managment team. Lifebank was acquired by fellow Canadian cord blood bank Insception Biosciences in 2012.
Contact Information
Address: Technology Place, BCIT Campus, 4475 Wayburne Dr., Ste. 200
Burnaby, British Columbia V5G 4X4, Canada
Financial Highlights
Fiscal Year End:May
Key People
Medical Director: Anil K. Mangal
Industry Information
Top Competitors
Cbr Systems, Inc.
CorCell, Inc.
Cryo-Cell International, Inc. (ccel)

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