- CEO
- Jakub Julian Baran
- Full Time Employees
- 783
- Sector
- Healthcare
- Industry
- Medical - Care Facilities
- Address
- Deutscher Platz 5a Leipzig Germany 04103
- IPO Date
- Feb 18, 2020
- Business
- FamiCord AG FamiCord AG (formerly Vita 34 AG) operates as Europe's largest and the world's third-largest stem cell bank, specializing in the collection, processing, cryopreservation, and long-term storage of stem cells from umbilical cord blood, umbilical cord tissue, placenta tissue, and other postnatal tissues; it provides full-service biobanking solutions including logistics, testing, and release for clinical applications, alongside contract development and manufacturing organization (CDMO) services for cell and gene therapies, advanced therapy medicinal products (ATMPs), viral vectors, CAR-T cells, genetic tests, and analyses for third-party biotech firms, clinics, and research institutions. The company serves families and healthcare providers across approximately 50 countries, with key markets in Germany, Poland, Switzerland, Romania, Turkey, the GCC region, Italy, and operations extending to Europe, Asia, and Africa through an extensive network of over 1,500 partner clinics; it has preserved over one million units of biological material and facilitated stem cells for more than 7,000 patient treatments, including over 230 cord blood transplantations. Founded in 1997 and headquartered in Leipzig, Germany, FamiCord AG employs around 766 people and reports segmental revenues primarily from its Vita 34 and PBKM subgroups.
In recent developments, FamiCord AG changed its name from Vita 34 AG in February 2025 to reflect the integration of its Vita 34 and PBKM subgroups following their merger; the company completed the acquisition of Seracell Pharma AG, enhancing its stem cell therapy development and ATMP manufacturing capabilities, and acquired BioCell Lugano in Switzerland to expand laboratory infrastructure. Its subsidiary PBKM agreed to acquire 100% of nOvum stem cell bank in Poland in September 2025, while FamiCord AG took a majority stake in Národní Centrum Pupečníkové Krve and Rodinná banka perinatálnych a mezenchymálnych buniek in May 2025 to bolster its Central European presence. Additionally, it rolled out placenta banking services across markets including Switzerland, Poland, Romania, GCC, and Italy, with full expansion targeted by end-2026, and appointed Tomasz Baran as Chief Medical Officer in April 2025 to advance stem cell therapy collaborations with universities and institutions.