February 14, 2014
When it comes to the umbilical cord blood and tissue side of stem cell research and development, there are two types of cord blood banking: public and private.
The public side of cord blood banking is handled through our partner, the University of Colorado Cord Blood Bank. Parents can opt to collect their child’s cord blood and tissue at birth and donate it to the cord blood bank so that it can be used to potentially cure diseases and save lives. Since cord blood and tissue would otherwise be disposed of, this is a great opportunity to make a contribution to the expanding field of regenerative medicine, which has already saved thousands of lives (and that number will only increase as research is developed further). The reason why some parents choose public banking is they are able to make a contribution without paying the cord blood banking fees to save their child’s cord umbilical cord blood and tissue for themselves.
The University of Colorado Cord Blood Bank has a 17-year history in the public cord blood banking industry. To date, 660 cord blood units have been transplanted in the United States and overseas. CariCord offers complimentary consultations for families considering donating their baby’s umbilical cord blood and/or tissue.
The private side of cord blood banking is similar to the public side, but the primary difference is that parent’s set aside their child’s cord blood and/or tissue at birth specifically for that child, should the need for these cells ever arise down the road. The parents pay for this cord blood banking service on an annual basis, for as long the cord blood and/or tissue is stored.
A simple process makes collection, transportation, processing, and storage of the cord blood and/or tissue virtually seamless and pain-free. Processing is handled in the CariCord laboratory at UCCBB that is FDA approved to manufacture cord blood as a pharmaceutical drug, one of only 5 facilities in existence worldwide. The long-term storage facility, likewise located at the University of Colorado Anschutz Medical Campus in Metro Denver, Colorado, is highly credentialed and licensed by the FDA. Parents can rest assured that their child’s cord blood and/or tissue will be kept safe and secure for decades to come.