Along with banks that keep your money, there are other banks, which possess a high level of importance for storing umbilical cord blood cells. An umbilical cord blood bank allows parents or legal guardians to store cells extracted from the umbilical cord blood and placenta for use in future for the well-being of the newborn child or its family members. Collection, processing and storage of blood cells found in your child's umbilical cord are managed by highly specialized teams of professionals. These cord blood cells are miraculous healing cells and can be stored only once in a lifetime, therefore, careful measures should be taken in order to select a cord blood bank.
An estimate says that about 75 per cent of cord blood banks across the globe are either public or private non-profit ones, which work for public interest. They save samples for transplant or cord blood research, and for family use, if a family has a known risk with a rare HLA group.
Nevertheless, private blood banks do have their own share of obstacles. The cost of cord blood storage in private banks is quite high and is likely to discourage many. The biggest attraction towards private cord blood banks is the guarantee that the cord blood a patient preserves, will not be used by anyone else, unless the donor himself permits. Compared to the lower chances of cord blood cells transplants in a child, storage prices charged by these banks are relatively quite high.
Gather facts that ensure that the cord blood bank you have chosen to preserve your child's cord blood, boasts of a well-organized procedure for cord blood collection, processing and preservation.
A private bank is an independent unit and not owned by the state. As mentioned earlier, ONLY YOU are entitled to access and use your cord blood sample. Such banks charge around $500 to $2,000 to store the sample. The charges vary with different private banks. Besides this, there is a maintenance fee or handling fee, which comes to around $100 annually.
These are another kind of banks, which were set up in the early 2000?s. The cord blood samples stored in such banks are not used for transplants, but ONLY for research. The banks take your samples for free and use them in their own research or sell them to other researchers.
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Learn more about baby cord blood and get a free report on "Stem Cell Treatment - Uncovered" by visiting cordbloodadvice.info, a popular website that provides free cord blood stem cells advice.
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