Wednesday 23 Sep 2026
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SINGAPORE (Nov 5): Singapore's first private stem cell bank has opened, enabling adults to store their own stem cells ahead of time while they are still young and healthy.

Stem Med is new joint venture between public-listed TalkMed Group Limited and StemCord. It is the first private stem cell bank in Singapore to offer the processing, cryopreservation and storage of Bone Marrow and Adipose (fat) tissues Mesenchymal Stem Cells for immediate or future therapeutic use.

Stem Med is a new wholly owned Stem Med Cellular Laboratory equipped with ISO Class 5, Class 6 and Class 8 clean rooms to perform sophisticated laboratory cell processing and culturing.

Incorporated on Jan 21 this year, Stem Med is a private stem cell bank in Singapore licensed by the Ministry of Health (MOH). It is founded and managed by a team of renowned medical specialist comprising Chairman Dr Khoo Kei Siong, CEO Dr Lim Hong Liang, Medical Director Dr Teo Cheng Peng, Director Dr Ang Peng Tiam and Director Dr Leong See Odd.

Meanwhile, StemCord, a private autologous cord blood bank licensed by MOH since 2002, has also opened up a new laboratory which can store up to 100,000 umbilical cord units and cord blood units.

TalkMed Group last traded at $1.025 on Wednesday.

 

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