Cordlife writes response to MoH on blood bank suspension
The MoH plans to suspend Cordlife's blood banking licence for a year.
Cordlife Group Limited recently submitted its written explanation to the Ministry of Health (MoH) regarding the planned one-year suspension of its blood banking service and human tissue banking licence, Cordlife said in a bourse filing.
This is after the MoH granted Cordlife an extension to submit the explanation.
MoH stated in a notice in September that it intends to suspend Cordlife’s cord blood banking service and human tissue banking licence for a period of one year.
This follows an inspection in July, where MoH reportedly found areas of non-compliance with regulations on general healthcare and cord blood banking services.
Should the suspension proceed, Cordlife will be prohibited from carrying out any cord blood banking activities for new cord blood units (CBU) for one year.
Cordlife said it will provide an update on the progress and outcome of its written representations to MOH when such information becomes available.