Cordlife biz is about saving life. Compare to Insurance the insurance company will pay out if there is a claim but Cordlife will have more biz if there is a need for the cord blood. Cordlife generated net margins of 33%. Our Govt. also provide subsidies. See Cordlife price plan.
www.cordlife.com/sg/en/price-plan
Excerpts from DBS Vickers' 14-page report on Singapore Strategy dated 17 Aug 2012..... Biosensors remains a steal for a company with 30% earnings growth and strong competitive advantage.