Global Cord Blood Corporation (NYSE: CO), previously named China Cord Blood Corporation (CCBC), became the first cord blood bank in China when it began operations in 2003. It was the first cord blood bank in China to receive ISO900 certification and is AABB accredited. It is also the largest cord blood banking operator in China in terms of geographical coverage and the only bank operating with multiple licenses.
On February 7, 2018, the company’s Board of Directors announced that it was pursuing shareholder approval to change the Company’s name from “China Cord Blood Corporation” to “Global Cord Blood Corporation” (GCBC). The name change reflects the company’s growing interest in international expansion. [Read more…]