Cord Blood Stem Cell Banking ? Why Do Parents Consider Banking of Stem Cells?

rare availability of stem cells leave patients yearning for the cells for a prolonged period of time. One of the major reasons why parents, today opt for cord blood preservation, is that if the need arises, the patient does not have to wait for a matching donor. This is more true for the patients who belong to an ethic minority group. With approvals granted by FDA two decades ago, cord blood cell industry is booming with huge developments of public and private banks. Families, who have not stored their own babies’ stem cells in a private cord blood bank, still are likely to find a genetically matched stem cell sample from a public cord blood bank. Besides, research has proved that umbilical cord stem cells are more versatile compared to the ones extracted from bone marrow.

Costs Of Banking Cord Blood Stem Cells

There are different types of cord blood banks. There are public banks and also private banks which are classified as non-profit private banks and profit oriented banks respectively. The payment schemes devised by the cord blood banks vary. Usually, cord blood stem cell banking comes with a payment package that sum up fees for enrollment information, collection kits, courier charges, banks laboratory, sample typing, processiong, storing and maintenance of the cord blood units.

Private banks charge nearly ,500 to ,000 to make the samples available to the families to counter illnesses that require re-growth