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Genting to develop first stem cell facility in Bali, expand into healthcare

Fontaine Vitale will be the first in Asean to offer placenta-derived allogeneic stem cell therapy

 Tan Ai Leng
Published Thu, Nov 21, 2024 · 04:34 PM
    • Genting breaks ground at its first stem cell facility, Fontaine Vitale, in Bali, Indonesia.
    • Genting breaks ground at its first stem cell facility, Fontaine Vitale, in Bali, Indonesia. PHOTO: GENTING

    [KUALA LUMPUR] Malaysian conglomerate Genting has launched its first stem cell facility in Bali, Indonesia, marking a significant milestone in its expansion into advanced healthcare and medical tourism.

    The Fontaine Vitale facility, located in the Sanur Special Economic Zone (SEZ), will be operated by Genting’s 56-per-cent-owned indirect subsidiary Astana Bangun Sejahtera, in partnership with Indonesian companies Sentosa Bersama Mitra and Bintang Graha Hijau.

    Fontaine Vitale will also collaborate with US-based Celularity to integrate cutting-edge expertise in cellular and regenerative medicine, bringing advanced therapies and treatments to the region.

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