The venture capital fund Enterprise Investors will finance the development of the Polish Stem Cell Bank.

Warsaw, 3rd November 2009 – Enterprise Venture Fund I (EVF I), a venture capital fund managed by the Enterprise Investors (EI) became the majority investor in the Polish Stem Cell Bank and will finance its further development. EVF I obtained 50.1% of the PSCB shares worth PLN 18.1M. The Polish Stem Cell Bank is the biggest bank in Poland and one of the biggest banks in Europe (4th place) which collects and stores stem cells from umbilical cord blood for the possible use by the child or their family to cure numerous diseases in the future.

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