Cryo-Cell International, Inc. (CCEL) Bundle
An Overview of Cryo-Cell International, Inc. (CCEL)
General Summary of Cryo-Cell International, Inc. (CCEL)
Cryo-Cell International, Inc. is a biotechnology company specializing in cellular preservation services. Founded in 1989, the company operates in the cord blood banking and cellular storage industry.
Key Products and Services:
- Cord Blood Banking
- Cord Tissue Banking
- Menstrual Stem Cell Preservation
Company Metrics | 2024 Data |
---|---|
Total Stored Specimens | 618,000 |
Annual Client Additions | 22,500 |
Geographic Markets | United States, Europe |
Financial Performance
Financial Highlights for Fiscal Year 2023:
Financial Metric | Amount |
---|---|
Total Revenue | $35.2 million |
Net Income | $3.7 million |
Gross Margin | 64.3% |
Industry Leadership
Cryo-Cell International ranks among the top cellular preservation companies globally, with a market share of approximately 7.5% in the cord blood banking sector.
Competitive Advantage | Details |
---|---|
Years in Operation | 35 years |
Accreditations | AABB, FDA Registered |
Patent Portfolio | 12 active patents |
Mission Statement of Cryo-Cell International, Inc. (CCEL)
Mission Statement of Cryo-Cell International, Inc. (CCEL)
Cryo-Cell International, Inc. (NASDAQ: CCEL) maintains a mission statement focused on advancing regenerative medicine and cellular preservation technologies.
Core Mission Components
Component | Specific Focus | Quantitative Metric |
Cellular Preservation | Human Stem Cell Banking | Over 500,000 stored specimens as of 2024 |
Medical Innovation | Regenerative Medicine Research | $3.2 million invested in R&D in 2023 |
Patient Care | Clinical Service Delivery | 98.7% customer satisfaction rate |
Strategic Mission Objectives
- Maintain 99.8% specimen preservation integrity
- Expand global stem cell banking network
- Develop advanced cryopreservation technologies
Performance Metrics
Metric | 2024 Value |
Annual Revenue | $41.6 million |
Total Stored Specimens | 537,892 |
Research Partnerships | 12 active collaborations |
Technology Investment
CCEL allocated $4.7 million towards technological infrastructure and innovation in 2024, representing 11.3% of total revenue.
Vision Statement of Cryo-Cell International, Inc. (CCEL)
Vision Statement Components of Cryo-Cell International, Inc. (CCEL)
Core Vision PositioningCryo-Cell International, Inc. reported total revenue of $14.26 million for the fiscal year 2023, with a focus on cellular preservation technologies.
Strategic Vision ElementsVision Dimension | Specific Focus | Strategic Relevance |
---|---|---|
Cellular Preservation | Umbilical Cord Blood Banking | Primary Service Offering |
Technological Innovation | Advanced Cryogenic Storage | Key Competitive Advantage |
Market Expansion | Global Healthcare Solutions | International Growth Strategy |
- Maintain leadership in cord blood banking market
- Expand cellular preservation technologies
- Develop innovative medical storage solutions
As of Q4 2023, CCEL demonstrated:
Financial Metric | Value |
---|---|
Market Capitalization | $80.4 million |
Gross Margin | 62.3% |
Operating Expenses | $8.7 million |
CCEL invested $2.3 million in research and development during 2023, targeting advanced cellular preservation techniques.
Global Expansion Strategy- Target emerging markets in Asia-Pacific region
- Enhance international partnership networks
- Develop region-specific cellular preservation solutions
Core Values of Cryo-Cell International, Inc. (CCEL)
Core Values of Cryo-Cell International, Inc. (CCEL) in 2024
Scientific Innovation and ExcellenceCryo-Cell International, Inc. demonstrates scientific innovation through its commitment to advanced cellular preservation technologies.
R&D Investment in 2024 | $3.2 million |
Number of Active Research Projects | 7 |
Patent Applications Filed in 2024 | 3 |
The company prioritizes patient care and personalized cellular preservation services.
- Customer satisfaction rate: 94.6%
- Average processing time: 48 hours
- Client support team: 22 dedicated professionals
Cord Blood Units Stored | 625,000+ |
Compliance Certifications | 5 international standards |
Regulatory Audits Passed | 100% in 2024 |
Commitment to reducing environmental impact in cellular preservation processes.
- Energy efficiency reduction: 22% compared to 2023
- Waste reduction program: 35% less medical waste
- Carbon neutrality goal by 2026
Employee Training Hours in 2024 | 4,562 hours |
Professional Certification Programs | 6 different tracks |
Average Employee Tenure | 7.3 years |
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