João Andrade, chief executive of WideCells Group PLC (LON:WDC) tells Proactive they're to launch their stem cell healthcare insurance plan in Spain following the product’s debut in the UK and alongside its imminent roll-out in Brazil.

The local agent for the CellPlan, which costs £170 a year, will be a company called Stem Cell Banco Celulas Madre, a provider of stem cell storage services.

Under the re-seller model, the tie-up should generate £50 per sale (after commissions and reinsurance costs)