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Business Update
Lifeblood Medical establishes Cell Preservation Solutions, LLC as a wholly owned subsidiary
October 5th, 2006
Lifeblood Medical, Inc., has established Cell Preservation Solutions, LLC, which will conduct research and development on Lifeblood Medical's proprietary solution to enhance the technology for applications. "It is important for Lifeblood Medical to focus on the FDA (U.S. Food & Drug Administration) approval process of Lifor for organ transplantation," stated Joseph Fischer, president and CEO of Lifeblood Medical, Inc. "However, I feel it is also important that if we have a proprietary solution that can improve a multitude of preservation applications to get that product-use to market, so to this end Cell Preservation Solutions will begin research." ...
Source: Blood Weekly (2006-10-05)
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