Cryo-Save Group appoints new India head

Cryo-Save Group, Europe’s leading stem cell bank today announced the appointment of Mr. Rajesh Sharma as the new Managing Director for Cryo-Save India. In his new role, Mr Sharma will be spearheading strategic planning and business operations across the centers in India. He had previously served Cryo-Save India as the finance director

Mr Arnoud Van Tulder, Cryo-Save Group CEO, who was in India to celebrate the 10th Anniversary of the Cryo-Save Group, said “Rajesh Sharma’s appointment is an auxiliary step in our efforts to put Cryo-Save India at the forefront of cord blood banking industry in India and explore greater opportunities to grow and expand the marketplace with new business activities and plans”.

Commenting on his appointment, Rajesh Sharma said, “I am very excited about the concept of Stem Cells and realize the importance of the advancement in Medical Science in India. I will work to enhance the overall image of brand Cryo-Save in India by focus on exploring greater market opportunities to build the brand”.

Being a chartered accountant by qualification, Rajesh Sharma also has significant years of experience in various industrial sectors holding management positions, his strong determination and conviction focusing on the business analytics which adds that extra feather to his new role.

About Cryo-Save:

Cryo-Save India, a 100% subsidiary of Cryo Save Group N.V which is Europe’s largest adult stem cell storage bank, is headquartered in Bangalore with a state-of-the art fully automated adult stem-cell storage facility. The facility at Bangalore has a storage capacity of 1,50,000 samples extendable to 3,00,000. Cryo-Save India is dedicated to the highest quality standards and, within a short time of starting its operations, received its ISO 9001:2008 certification from TUV. The lab is built in accordance with the Indian regulations and to meet the GMP requirements.

Cryo-Save Group N.V. (Euronext: CRYO) is Europe’s largest adult stem cell storage bank, with more than 140,000 samples stored. The Company was established in 2000, headquartered in The Netherlands, and owns or has access to, operating laboratory and storage facilities in Belgium, Germany, Dubai, India and France (in progress). Driven by its international business strategy, Cryo-Save's services are available in 40 countries across three continents (Europe, Asia, Africa).