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| India Shows Support to Cord Blood Banks |
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It may be hard to for some people to imagine, but India is one of the leading countries that has shown increasing support and acceptance of umbilical cord blood banks to help preserve child's cord blood stem cells against future use, as well as for creating a bank of potential sources for a wealth of treatments made available to the general public. Large companies as well as entrepreneurs from around India are investing in the development and creation of umbilical cord blood banks across the country . Two leading blood stem cell banking corporations, Lifecell and Cryobank, have established a major foothold in this area of the world. Within the last two years, Lifecell has harvested over 10,000 units of umbilical cord stem cells through 20 regionally placed centers. Lifecell is accredited by the American Association of Blood Banks, and will preserve these units of cord blood for roughly 21 years. Such public banking has unlimited potential for the harvesting, preservation, and donation of stem cord blood that may eventually be used in various treatments and even cures of diseases and conditions, not only in India, but around the world as well. |
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