Cordlife storage lapses warrant compensation, but class action may be difficult: lawyers
CORDLIFE customers who have been affected by the cord-blood bank’s storage issues may have some grounds for compensation, lawyers said, but mounting a class action-type lawsuit in Singapore might be a difficult feat.
This comes as the Ministry of Health (MOH) on Thursday (Nov 30) said seven of Cordlife’s 22 cord-blood storage tanks were recorded with temperatures above acceptable limits. The infringements had been found over several different periods since November 2020.
The mainboard-listed group – one of four licensed cord-blood banks in Singapore – has been barred for six months from collecting, testing, processing and storing new cord-blood or tissue samples, as well as from running new test types for patients.
TRENDING NOW
ComfortDelGro’s Zig to buy S$10 million worth of BYD cars for private-hire fleet
Singapore telco price war squeezes earnings, strengthens case for StarHub-M1 deal, say analysts
Sats slides 13.6% as investors dump shares on profit-margin squeeze
When every phone becomes a satellite phone, what happens to Asia’s telcos?