CO Description — Global Cord Blood Corp
Global Cord Blood is a provider of umbilical cord blood storage and ancillary services in China. Co. provides cord blood testing, processing and storage services under the direction of subscribers for a cord blood processing fee and a storage fee. Co. tests, processes and stores donated cord blood, and provides matching services to the public for a fee. Co. also preserves cord blood units donated by the public, provide matching services on such donated units and deliver matching units to patients in need of transplants. Co. has operating cord blood banks in the Beijing municipality, the Guangdong and Zhejiang province.