The newly-founded bank got initial investment of 10 billion VND from the Mekophar Pharmaceutical-Chemical Joint Stock Company and financial assistance of the Ministry of Science and Technology.

It applies the stem cell isolation technology of the Singaporean CellResearch Corporation for the treatment of serious diseases and disorders.
The bank will soon do researches to improve the quality of stem cell preservation, develop stem cells into specialised cells and use stem cell models to test effects of medicines.