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09
Sep
2008

LifeCell International Appoints Mayur Abhaya as Executive Director

LifeCell International, India’s largest stem cell solutions provider today announced that its board of directors has named Mr. Mayur Abhaya as the Executive Director of the company.


(1888PressRelease) September 09, 2008 - Mr. Abhaya Kumar, Vice-Chairman, LifeCell International said in a statement. “The Board is unanimous in its conviction that, as part of a new generation of executives in the Indian industry, Mayur is the right leader to build on the exceptional & unique strengths of LifeCell and take the necessary steps to lead the company forward,".

LifeCell International stands for the value of scientific innovation and the importance of building capabilities to deliver these innovations to patients. Today the company not only banks approximately 13,000 samples across 30+ centers. It has also progressed and evolved into a comprehensive solutions provider with their ground breaking work on stem cell research in India through their state of the art R&D facility and TriCell Therapy Center set-up in association with Sri Ramachandra University. Mr. Mayur Abhaya’s appointment comes close on the heels of LifeCell’s foray into an exciting new growth cycle.

Commenting on this Mr. Mayur Abhaya, Executive Director, LifeCell International said "I am honored to get inducted into the board as Executive Director of LifeCell to drive the changes we need. LifeCell is an extraordinary organization with tremendous growth potential. This stems from the huge opportunities arising out of revolutionary changes in healthcare that are slated to be unveiled in the next few decades”.

As the Executive Director Mr. Mayur Abhaya will be directing the corporate administrative and business activities; building and managing the team; creating and executing the strategic vision of LifeCell International and strengthening the company’s position as a leading hub for stem cell solution. Mr. Mayur Abhaya added “We believe in the great potential stem cell science holds today and we are embarking on a very exciting journey of challenging science and transforming the lives of people by bringing in new treatments through stem cell technology.“

About LifeCell International Pvt. Ltd.: LifeCell International Pvt., Ltd, brings the revolutionary medical breakthrough of umbilical cord stem cell banking to India the first to and set-up an exclusive stem cell therapy center, TriCell in association with Sri Ramachandra Medical College, Chennai. A license agreement and knowledge-sharing tie-up with CRYO-CELL International (CCI) gives LifeCell the benefit of CCI’s expertise who are pioneers in the field of umbilical cord stem cell banking.

CCI, America’s major cord blood bank with one of the largest repository of banked samples is based at Clearwater, Florida, USA and has a track record of over 17 years. Currently, LifeCell International Pvt., Ltd, India’s Pioneer cord blood bank, has marketing and collection centers in major metros like Chennai, Mumbai, New Delhi, Kolkata, Hyderabad, Bangalore, Ahmedabad, Allahabad and over 30 other major cities in India. LifeCell is today India’s largest stem cells solutions provider with over 13,000 parents having banked their child’s cord blood stem cells with LifeCell.

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