German stem cell technology company Vivocell Biosolutions, based in Langenfeld, has gone into insolvency and is looking for new investors. The assets of Vivocell will be purchased by a new entity, which will be capitalized by interested investors by a capital increase with additional equity.
Vivocell is one of the leading developers and manufacturers working in the isolation, expansion and characterization of non-hematopoietic stem cells, derived from umbilical cord blood. It has access to suitable cell material and a compliant cell factory. The company’s expertise and access to equipment means it is well-positioned for long-term partnership with researching pharma companies.
SMC Management accompanies the management team of Vivocell in finding a suitable investor.
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