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Cordlife’s cavalier response to breaches raises troubling questions

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Megan Cheah

Megan Cheah

Published Tue, Dec 12, 2023 · 05:00 AM
    • Cordlife has come under fire after seven of its 22 storage tanks were recorded with temperatures above acceptable limits of minus 150 deg Celsius. 
    • Cordlife has come under fire after seven of its 22 storage tanks were recorded with temperatures above acceptable limits of minus 150 deg Celsius.  PHOTO: CORDLIFE GROUP

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    INVESTORS in cord-blood bank service provider Cordlife Group may be feeling hard done by – and rightfully so.

    After lapses found in Cordlife’s storage of cord-blood units recently came to light, the group sent several letters to customers, some of whom had spent near five-digit figures to store their children’s cord blood.

    These customers have every reason to be aggrieved, but so, too, do Cordlife’s shareholders.

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