SINGAPORE, April 10 (Bernama) — Black Group Investment Holding Pte Ltd (Black Group) today announced the acquisition of LifeBank Stem Cells Pte Ltd (LifeBank), a Singapore-based distributor of stem cell banking and cellular therapy solutions. The agreement was inked at the World Ageing Festival 2025 earlier this week, held at the Marina Bay Sands Expo & Convention Centre, underscoring Black Group’s commitment to growing its network to support healthy longevity and active ageing.
This strategic acquisition strengthens Black Group’s distribution channel network of personalised medicine and regenerative therapies. By combining LifeBank’s expertise in distribution of induced pluripotent stem cell (iPSC) banking and mesenchymal stem cells (MSCs) with Black Group’s Meditel, the partnership aims to accelerate access to breakthrough therapies for age-related conditions.