AsiaMedic

AsiaMedic: Cryoviva Singapore, a JV between Cryoviva International and AsiaMedic, has been licensed to run Singapore's third private cord blood bank. According to Transparency Market Research, cord blood banking is now one of the fastest growing segments of the healthcare industry, with the industry valued at US$12.4b in 2012 and is expected to grow at a CAGR of 5.6% from 2013 to 2019, to reach an estimated value of US$15.23b.