Cordlife Group

SCCM positive on Cordlife as it posts FY2020 results 'in line' with expectations  - THE EDGE SINGAPORE

Broker's Calls

SCCM positive on Cordlife as it posts FY2020 results 'in line' with expectations

Soochow CSSD Capital Markets (SCCM) analyst Simeon Ang has maintained his “buy” call on Cordlife Group and raised his target price to 52 cents for the stock after its FY2020 results came in line wi

Results

Cordlife on target to achieve full-year net profit in FY18

SINGAPORE (Nov 12): Cordlife Group reported earnings of $3.7 million for the 15 months ended Sept, reversing a loss of $2 million for the same period a year earlier.

In print this week

Discord over cord blood banking?

SINGAPORE (May 25): As parents in Singapore grow wealthier, more of them are signing up for what has been hailed as potential “lifesaver” – cord blood banking.

Results

Cordlife reports fourth straight quarterly earnings in 3Q18

SINGAPORE (May 11): Cordlife Group reported its fourth straight quarterly earnings as higher revenue from key markets and contributions from a newly-acquired subsidiary lifted profit from operation

Tech

Cordlife launches newborn metabolic screening service in Hong Kong

SINGAPORE (May 2): HealthBaby Biotech (Hong Kong), a wholly-owned subsidiary of Cordlife Group, has launched a newborn metabolic screening service in Hong Kong.

Cordlife launches genetic testing services to detect disease-causing mutations

SINGAPORE (Apr 9): Cordlife Group is launching US-based genetic testing service PlumCare DNA Advisor in Singaoore.

Cordlife partners US-based PlumCare to offer genetic screening for diseases

SINGAPORE (Feb 26): Consumer healthcare company Cordlife Group is partnering US-based PlumCare to offer a genetic testing service to help families in Asia identify gene variants associated with inc

M&A

Cordlife acquires private cord blood bank in Hong Kong for $9.3 mil with debt

SINGAPORE (Jan 3): Cordlife Group is fully acquiring a private cord blood bank in Hong Kong, HealthBaby Hong Kong, for US$7 million in cash ($9.3 million) after adjusting for US$2.5 million in the

IPO

How clear is Clearbridge Health post-listing outlook?

SINGAPORE (Dec 14): Clearbridge Health (CBH), the healthcare firm which focuses on the delivery of precision medicine, boosts a capable team to lead its expansion across Asia, says Maybank KimEng.

Results

Cordlife sinks into the red in FY17 on absence of one-off gains

SINGAPORE (Aug 30): Cordlife Group, the provider of cord blood, cord tissue and umbilical cord lining banking services, sank to a loss of $2.6 million in the full year ended June, compared to earni

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