Cord Blood America Inc. (OTCBB: CBAI) recently announced it joined New York and California in passing a law aimed at educating pregnant women on the benefits of umbilical cord blood banking.
Cord Blood America’s goal is to become the most respected stem-cell preservation company in the world. Part of the company’s stated mission is to educate expectant parents on the life-saving opportunities available through umbilical blood cell preservation.
Umbilical cord cells are used to treat more than 70 diseases, including leukemia, lymphoma, anemia and immune deficient disorders. Educating expectant parents will not only save lives, but will provide direct information on the company and its services as well as raise awareness through word of mouth.
“We salute Pennsylvania for joining New York and California in taking the lead in providing solid, reliable information to potential new parents and believe this trend will continue in many more states,” Matthew Schissler, CEO of Cord Blood America said in a press release.
According to the Leukemia & Lymphoma Society, 44,240 new cases of leukemia were diagnosed in the United States in 2007. About 5,200 new cases of Acute Lymphocytic Leukemia, the most common form of leukemia in children/adults under the age of 19, were diagnosed in 2007. Leukemia is just one of the diseases umbilical cord blood storage can be used against.
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