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Noveris Health Sciences to acquire 49% stake in stem cell distributor ELL Stem Cells for $1M.

Company Fundamentals
29 Apr 2026
TheNewswire
View Source
Bullish
pluang ai news

Noveris Health Sciences announced a plan to acquire a 49% equity interest in ELL Stem Cells, a British Columbia-based stem cell distributor, for USD $1 million. This acquisition supports Noveris' focus on commercializing its patent portfolio and expanding into stem cell therapies. The deal includes staged payments and an option to buy the remaining 51% within 12 months. Completion depends on due diligence, regulatory approvals, and a definitive agreement. This move aims to accelerate commercialization of regenerative medicine products distributed by ELL Stem Cells.

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