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CellSource

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Namestring
CellSource
Company typeenum
Private
Founded yearint
2015
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersTokyo, Japan
HQ citystring
Tokyo
HQ countrystring
Japan
HQ regionstring
Asia
Markets served

Serves global market

Keyword5 values
regenerative medicine services, electronic medical records, medical rehabilitation services, healthcare digital transformation, medical institution support
Industry3 codes
1Stem Cell–Based Regenerative Therapies
CodeHLAAAGAAPrimaryYes
2Cell Therapy Clinical Services & Treatment Centers (apheresis, administration, monitoring)
CodeHLAAABAJPrimaryNo
3Cell Therapy Developers (Autologous)
CodeHLAAABAAPrimaryNo
NAICS code3 codes
  • Biological Product (except Diagnostic) Manufacturing325414
  • Research and Development in Biotechnology (except Nanobiotechnology)541714
  • Scientific Research and Development Services5417
SIC code2 codes
  • Biological Products, (No Disgnostic Substances)2836
  • Services-Health Services8000
Product category
Regenerative Medicine Services
No data
Cost components4 values
Personnel, Operations, Technology or R&D, Marketing or Sales
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

CellSource operates a regenerative medicine business that supports medical institutions in Japan, including an electronic medical record service (Medibase) acquired in September 2024 to advance digital transformation in healthcare. The company is also partnering with C-FORTE Inc. to build an integrated medical delivery model combining regenerative medicine and rehabilitation, with nationwide deployment planned to begin in April 2026. Together, these offerings address gaps in collaboration between regenerative medicine and rehabilitation, know-how gaps in self-funded medical care, and digital transformation challenges in the medical industry.

Differentiator
Functional benefit
Problem solved
Product and service2 records
1Medibase
CategoryElectronic Medical Records
Description

Electronic medical record service providing digital record management and digital transformation tooling for medical institutions in Japan. Acquired via the Medibase Inc. share transfer to Cellsource Inc.

2CellSource Regenerative Medicine Services
Partnership2 partners
1C-FORTE Inc.
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-04-01
Description

Cellsource Inc. and C-FORTE Inc. announced a business partnership to build a new medical delivery model integrating regenerative medicine and rehabilitation in Japan. The partnership addresses challenges including the lack of collaboration between regenerative medicine and rehabilitation, know-how gaps for self-funded medical care, and insufficient patient contact points. The two companies will organize physical therapists, establish certification systems, and support medical institutions in deploying combined treatment protocols, with gradual nationwide deployment starting in April 2026.

prtimes.jp
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-09-12
Description

Medibase Inc. transferred shares to Cellsource Inc. and joined the Cellsource Group as of September 12, 2024. The merger aims to leverage combined expertise to expand into new medical areas and enhance digital transformation efforts in the medical industry. Medibase developed the electronic medical record service Medibase.

Peers10 records
TypeBroad incumbent
Description

Large Japanese medical platform providing physician-facing digital services including MR-kun, medical DX, and clinical decision support. M3 is a broad incumbent in the Japanese medical DX space where CellSource's Medibase EMR subsidiary competes, though M3 is much larger and broader in scope.

TypeRegional player
Description

Japan-based CRO and healthcare services holding company with a similar roll-up strategy of medical and clinical service businesses. Comparable to CellSource's holding-company consolidation approach in the Japanese healthcare services market.

TypeDirect peer
Description

Japanese regenerative medicine company developing stem cell therapies (e.g., HLCM051 for acute respiratory distress, stem cell therapy for knee osteoarthritis). Healios is a direct competitor in autologous/allogeneic stem cell-based regenerative therapies and a near-term benchmark for Japanese regenerative medicine capital markets.

TypeBroad incumbent
Description

Diversified Japanese healthcare company with regenerative medicine and cell therapy subsidiaries. Rohto is a broader incumbent with regenerative medicine activities and a Japan-listed public profile comparable to CellSource's structure.

TypeBroad incumbent
Description

Japan-listed global medical device and healthcare IT company (formerly Panasonic Healthcare) providing medical equipment, diagnostics, and digital health solutions. PHC is a broad incumbent in medical technology whose digital health portfolio overlaps with CellSource's medical DX positioning.

TypeDirect peer
Description

Subsidiary of Terumo that develops and commercializes regenerative medicine products including autologous cell therapies for cartilage and skin. J-TEC is the most direct Japanese comparison to CellSource's regenerative medicine franchise, with overlapping autologous cell therapy focus and hospital-channel distribution.

TypeDirect peer
Description

Japanese cell therapy services company providing cell processing and contract manufacturing for regenerative medicine developers. MEDINET is comparable to CellSource on the cell therapy clinical services and manufacturing side of the regenerative medicine value chain.

8Helix Japan Co., Ltd.
TypeEmerging player
Description

Japanese regenerative medicine CDMO/CMO providing cell processing and manufacturing services. Helix Japan is comparable as a specialized cell therapy manufacturing and services provider in the same Japanese regenerative medicine ecosystem.

TypeEmerging player
Description

Japan-listed regenerative medicine company developing cell therapies, including a DDS-001 stem cell product for dental applications. Tella is a smaller emerging Japanese peer in stem cell-based regenerative therapies with comparable clinical-stage positioning.

TypeBroad incumbent
Description

Japanese healthcare data and medical DX company that aggregates hospital data and provides analytics and electronic medical record-adjacent services. Comparable to CellSource's Medibase subsidiary on the hospital-side medical DX and EMR data side.

Market position
Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles6 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment3 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

CellSource

Regenerative Medicine Servicescellsource.co.jp

CellSource firmographics

Firmographics
Name
CellSource
Website
https://cellsource.co.jp
Company type
Private
Founded year
2015
Operating status
Operating
Headcount range
101–250 employees
Ownership category
akta.pro rank

CellSource industry classification

Industry
Product category
Regenerative Medicine Services
NAICS
Biological Product (except Diagnostic) Manufacturing (325414), Research and Development in Biotechnology (except Nanobiotechnology) (541714), Scientific Research and Development Services (5417)
SIC
Biological Products, (No Disgnostic Substances) (2836), Services-Health Services (8000)
akta.pro primary industry
Stem Cell–Based Regenerative Therapies (HLAAAGAA)
akta.pro secondary industries
Cell Therapy Clinical Services & Treatment Centers (apheresis, administration, monitoring) (HLAAABAJ), Cell Therapy Developers (Autologous) (HLAAABAA)

Keywords

  • Regenerative medicine services
  • Electronic medical records
  • Medical rehabilitation services
  • Healthcare digital transformation
  • Medical institution support

Where CellSource is headquartered

Location

Headquarters

HQ city
Tokyo
HQ country
Japan
HQ region
Asia

Markets served

CellSource business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Marketing or Sales

CellSource product offering

Product offering

Core offering

CellSource operates a regenerative medicine business that supports medical institutions in Japan, including an electronic medical record service (Medibase) acquired in September 2024 to advance digital transformation in healthcare. The company is also partnering with C-FORTE Inc. to build an integrated medical delivery model combining regenerative medicine and rehabilitation, with nationwide deployment planned to begin in April 2026. Together, these offerings address gaps in collaboration between regenerative medicine and rehabilitation, know-how gaps in self-funded medical care, and digital transformation challenges in the medical industry.

Differentiator

Problem solved

Functional benefit

Products and services

  • Medibase Electronic medical record service providing digital record management and digital transformation tooling for medical institutions in Japan. Acquired via the Medibase Inc. share transfer to Cellsource Inc.
  • CellSource Regenerative Medicine Services

Companies that use CellSource

Customer profile

Segments1 record

Ideal customer profiles1 record

CellSource technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

CellSource partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered core.

  • C-FORTE Inc.coreStrategic or Co-development Partner · 1 April 2026Cellsource Inc. and C-FORTE Inc. announced a business partnership to build a new medical delivery model integrating regenerative medicine and rehabilitation in Japan. The partnership addresses challenges including the lack of collaboration between regenerative medicine and rehabilitation, know-how gaps for self-funded medical care, and insufficient patient contact points. The two companies will organize physical therapists, establish certification systems, and support medical institutions in deploying combined treatment protocols, with gradual nationwide deployment starting in April 2026.
  • Medibase Inc.coreStrategic or Co-development Partner · 12 September 2024Medibase Inc. transferred shares to Cellsource Inc. and joined the Cellsource Group as of September 12, 2024. The merger aims to leverage combined expertise to expand into new medical areas and enhance digital transformation efforts in the medical industry. Medibase developed the electronic medical record service Medibase.

CellSource competitors and assessment

Company assessment

Broad incumbents

  • M3, Inc. Large Japanese medical platform providing physician-facing digital services including MR-kun, medical DX, and clinical decision support. M3 is a broad incumbent in the Japanese medical DX space where CellSource's Medibase EMR subsidiary competes, though M3 is much larger and broader in scope.
  • Rohto Pharmaceutical Co., Ltd. Diversified Japanese healthcare company with regenerative medicine and cell therapy subsidiaries. Rohto is a broader incumbent with regenerative medicine activities and a Japan-listed public profile comparable to CellSource's structure.
  • PHC Holdings Corporation: Japan-listed global medical device and healthcare IT company (formerly Panasonic Healthcare) providing medical equipment, diagnostics, and digital health solutions. PHC is a broad incumbent in medical technology whose digital health portfolio overlaps with CellSource's medical DX positioning.
  • Medical Data Vision Co., Ltd. Japanese healthcare data and medical DX company that aggregates hospital data and provides analytics and electronic medical record-adjacent services. Comparable to CellSource's Medibase subsidiary on the hospital-side medical DX and EMR data side.

Regional players

  • EPS Holdings, Inc. Japan-based CRO and healthcare services holding company with a similar roll-up strategy of medical and clinical service businesses. Comparable to CellSource's holding-company consolidation approach in the Japanese healthcare services market.

Direct peers

  • Healios K.K. Japanese regenerative medicine company developing stem cell therapies (e.g., HLCM051 for acute respiratory distress, stem cell therapy for knee osteoarthritis). Healios is a direct competitor in autologous/allogeneic stem cell-based regenerative therapies and a near-term benchmark for Japanese regenerative medicine capital markets.
  • Japan Tissue Engineering (J-TEC): Subsidiary of Terumo that develops and commercializes regenerative medicine products including autologous cell therapies for cartilage and skin. J-TEC is the most direct Japanese comparison to CellSource's regenerative medicine franchise, with overlapping autologous cell therapy focus and hospital-channel distribution.
  • MEDINET Co., Ltd. Japanese cell therapy services company providing cell processing and contract manufacturing for regenerative medicine developers. MEDINET is comparable to CellSource on the cell therapy clinical services and manufacturing side of the regenerative medicine value chain.

Emerging players

  • Helix Japan Co., Ltd. Japanese regenerative medicine CDMO/CMO providing cell processing and manufacturing services. Helix Japan is comparable as a specialized cell therapy manufacturing and services provider in the same Japanese regenerative medicine ecosystem.
  • Tella, Inc. Japan-listed regenerative medicine company developing cell therapies, including a DDS-001 stem cell product for dental applications. Tella is a smaller emerging Japanese peer in stem cell-based regenerative therapies with comparable clinical-stage positioning.

Market position

Customer concentration

CellSource financial estimates

Financial estimate

Revenue estimate

Valuation estimate

CellSource leadership team

Management profile

Number of profiles

Profiles6 records

CellSource subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

CellSource funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

CellSource M&A and investment

M&A and investment

M&A1 record

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CellSource

What does CellSource do?

CellSource operates a regenerative medicine business that supports medical institutions in Japan, including an electronic medical record service (Medibase) acquired in September 2024 to advance digital transformation in healthcare. The company is also partnering with C-FORTE Inc. to build an integrated medical delivery model combining regenerative medicine and rehabilitation, with nationwide deployment planned to begin in April 2026. Together, these offerings address gaps in collaboration between regenerative medicine and rehabilitation, know-how gaps in self-funded medical care, and digital transformation challenges in the medical industry.

Is CellSource a public or private company?

CellSource is a private company. It is classified as public and is currently operating.

When was CellSource founded?

CellSource was founded in 2015. It employs 101 to 250 people.

Where is CellSource based?

CellSource is headquartered in Tokyo, Japan, in the Asia region.

Who are CellSource's main competitors?

Broad incumbents on record are M3, Inc., Rohto Pharmaceutical Co., Ltd., PHC Holdings Corporation and Medical Data Vision Co., Ltd.. EPS Holdings, Inc. is listed as a regional player. Direct peers are Healios K.K., Japan Tissue Engineering (J-TEC) and MEDINET Co., Ltd.. Emerging players are Helix Japan Co., Ltd. and Tella, Inc..

Does CellSource have an API?

No public API is recorded for CellSource.

What industry is CellSource in?

CellSource's product category is Regenerative Medicine Services. Its primary akta.pro industry code is HLAAAGAA, Stem Cell–Based Regenerative Therapies, with a secondary code of HLAAABAJ, Cell Therapy Clinical Services & Treatment Centers (apheresis, administration, monitoring). Its NAICS code is 325414 and its SIC code is 2836.

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Live signals
PrtimesThe fast beauty medical clinic "FAST CLINIC" will start its management support project for the first medical institution from June 1.Cellsource Inc. will start system implementation support for the FAST CLINIC skin management clinic from June 1, targeting the first partner medical institution in Futako-Tamagawa. The company aims to promote DX in clinic operations and expand nationwide, providing IT systems like reservation and electronic medical records.Prtimes"I don't want to burden my family with caregiving" 84.6%, yet 74.4% do not visit medical institutions.Cellsource Inc. announced survey results showing 84.6% of Japanese adults aged 40-70 fear knee pain will burden their families, yet only 25.6% seek medical care despite 48% experiencing discomfort. The survey highlights a gap between family-care concerns and personal health-seeking behavior.PrtimesCellsource and C-FORTE have started a business partnership in the field of regenerative medicine and rehabilitation.Cellsource Inc. and C-FORTE Inc. have announced a business partnership to build a new medical delivery model integrating regenerative medicine and rehabilitation in Japan. The partnership addresses challenges including the lack of collaboration between regenerative medicine and rehabilitation, know-how gaps for self-funded medical care, and insufficient patient contact points. The two companies will organize physical therapists, establish certification systems, and support medical institutions in deploying combined treatment protocols, with gradual nationwide deployment starting in April 2026.PrtimesTailor App, combining brand experience and data marketing, has raised a total of 350 million yen in funding.Tailor App Inc. has raised 350 million yen through a third-party share allocation with Lotte Ventures Japan and Celsource Inc., alongside loans from financial institutions, to fund product development. The company plans to collaborate with Celsource on regenerative medicine products while continuing its live commerce business 'LIVURU'.LumirousLumirous Sdn Bhd. closes a Pre-Seed round funding with CellSource Co., Ltd..Lumirous Sdn Bhd. has closed a Pre-Seed funding round with Japan-based CellSource Co., Ltd. to develop and expand its online fertility support platform in Southeast Asia. The investment enables Lumirous to improve its services, recruit talent, and partner with fertility clinics to address infertility stigma and information gaps in the region.