Vita 34 International AG Enters Cooperation for Expanding Umbilical Cord Blood Banking
Vita 34 International AG / Alliance/Product Launch Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Leipzig, November 15, 2007 - VITA 34 International AG (ISIN DE000A0BL849), the parent company of the leading umbilical cord blood bank in the German-speaking countries, VITA 34, is expanding its offering in the field of the storage of stem cells from umbilical cord blood. The stem cells stored at VITA 34 as of January 1, 2008 can additionally be made available to a public donation registry. Thus, VITA 34 is making it possible for the first time to combine private storage with public stem cell donations. The specific tissue characteristics of the stem cell preparations stored at VITA 34 can be passed on to and stored by the charitable database of NKR – Initiative Leben spenden Deutschland. The stem cells will remain the property of the parents, however, in case of need they can be made available to patients worldwide with the parents’ permission. In this case the parents will reimbursed for the costs of storage. An individual decision, therefore, can be made as to whether the stem cells are to be donated or continue to be available to their own child. The public donation of umbilical cord blood for the first time throughout Germany is made possible by the cooperation of VITA 34 with 900 birthing clinics. VITA 34 is responding to the requests of parents and professional organizations for a combination of own provision and umbilical cord blood donation with this product model. VITA 34 is then only private umbilical cord blood bank in Germany with a pharmaceutical permit from the Paul Ehrlich Institute for the storage of allogenic umbilical cord blood donations. Consequently, VITA 343 has all of the official permission for storage and releasing both allogenic and autologous blood stem cell preparations. About VITA 34: VITA 34 is the leading umbilical cord blood bank in the German-speaking countries and was founded by physicians in Leipzig in 1997. To date more than 44,000 parents have decided to have their childrens’ umbilical cord blood placed in long-term storage with VITA 34. About NKR: NKR – Initiative Leben spenden Deutschland was founded in Hannover in 1996. Today, NKR - Initiative Leben spenden Deutschland works throughout the Federal Republic of Germany and is the third largest registry of its type in Germany. The NKR – Initiative Leben spenden Deutschland data are registered with the Central Bone Marrow Donor Registry Germany in Ulm (ZKRD) and are, therefore, internationally accessible. Press/Investor Relations: Axel Mühlhaus Dr. Sönke Knop edicto GmbH Zeisselstraße 19 D-60318 Frankfurt Tel.:+49 (069) 90550550 Fax:+49 (069) 90550577 eMail: vita34@edicto.de 15.11.2007 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: Vita 34 International AG Deutscher Platz 5a 04103 Leipzig Deutschland Phone: +49(0341)48792-40 Fax: +49(0341)48792-39 E-mail: info@vita34.de Internet: www.vita34.de ISIN: DE000A0BL849 WKN: A0BL84 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------