Healthcare of Today, Inc.

Healthcare of Today, Inc.

May 17, 2010 14:45 ET

Concorde Gruppe and Healthcare of Today to Build the First Stem Cell Research and Treatment Facility in Romania

BUCHAREST, ROMANIA--(Marketwire - May 17, 2010) - Concorde Gruppe GmbH ("Concorde Gruppe") and Healthcare of Today, Inc. jointly announce that Concorde Gruppe has secured €50 Million Euros from its own funds, Private Investors, the European Community, and Institutional Investors, to build the first stem cell research and treatment facility in Romania.

Concorde Gruppe and Healthcare of Today will work together to establish a 200,000 sq. foot state-of-the-art stem cell research center to be surrounded by a 460,000 sq. foot treatment facility. The facility will be managed and operated by Healthcare of Today through SK3 Group, Inc. (Ticker symbol:, which has been tapped to be the facilities and services holding portfolio of Healthcare of Today. CEO of Healthcare of Today, Henry Jan says, "We are excited to grow our facilities offerings in the international arena, and are committed to bringing our best biotechnology to Romania and the patients who come there."

The funding to be provided for the project is larger than the $50M amount originally included in the Letter of Intent announced in February between Concorde Gruppe and Healthcare of Today ( Concorde Gruppe's Managing Director Alex Taranu says, "Healthcare of Today is positioned to bring cutting edge healthcare technology and treatments to Romania. We are proud to build this new venue for Healthcare of Today where their specialists can continue their advanced research while offering patients compelling new treatment options." 

The facility will be located in Adunatii Copaceni, Romania, ten miles south of Bucharest.


Concorde Gruppe GmbH is a holding company with four subsidiaries, operating on four continents: Groupe Concorde Developments Inc., handling Real Estate Developments; Concordia Asset Management, providing Asset Management for institutional and personal clients; Concorde Capital, an investment banking and investment advisory firm; and Concorde New Energy - developer of alternative green energy.

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Contact Information

  • Concorde Gruppe GmbH
    Diana Metiu
    +40 021 667 1511
    Skype: corina.toma1