According to a recent report by Science & Technology, umbilical cord blood can be used to treat 85 conditions linked to blood immune problems, has been useful in the development of more than 20 different organ-based tissues, and may someday be used for regenerative treatment.
Umbilical cord blood is extracted quickly, in a method harmless to both mother and child. Though current extraction guidelines exist, they have yet to be translated into federally-mandated policy. The American Association of Blood Banks is an international non-profit organization focused on developing and enforcing high standards in blood and cord blood banking.
In 2005, HR2520 funded $79 million for the collection and storage of umbilical cord blood, but did not legislate the parameters of its removal and storage. However, even lacking federal guidelines, companies such as Cord Blood America, Inc. (OTCBB: CBAI) maintain a high quality of care and professionalism.
Through its subsidiaries, Cord Blood America collects, tests, processes and preserves umbilical cord blood for use in future stem cell therapy. Cord Partners, a Cord Blood America company, was established in 2002 as a competitive umbilical cord blood storage company focused on serving families who seek stem cell preservation. The company has combined medical kit preparation, medical courier arrangement, around-the-clock customer service, and easy enrollment into one package offered at one price.
Let us hear your thoughts: Cord Blood America Inc. Message Board
