How Much Does Stem Cell Banking Cost

The umbilical cord blood is the blood that remains in the vein of the umbilical cord and the placenta at the time of birth. An umbilical cord bank is an option at birth that allows parents to collect and store (cryopreserve) their baby's umbilical cord stem cells for possible use in the future. By storing your baby's cord blood, the cells are specifically reserved for your family.

Private cord blood banks, such as Cryocord often have an upfront fee for the collection, processing, and cryopreservation of umbilical cord blood. Banks like us also often charge an annual fee for continuous storage. At Cryocord, we strive to give parents the opportunity to store their baby's umbilical cord blood for the future of their family's health. We offer discounts on stem cell costing and special offers for multiple births, existing clients, referrals, military families, medical professionals, long-term plans, prepaid storage plans and more. In addition, we have some internal financing options to keep the storage of umbilical cord blood within everyone's reach.

There was a time when the umbilical cord and blood were considered medical waste. Today, parents preserve or store the umbilical cord blood of their babies, as it is a rich source in a particular type of stem cell. Stem cells are currently used in a variety of treatments for debilitating and life-threatening diseases.

Saving umbilical cord

The safe can contain anything: money, photos, and ... stem cells. In Malaysia, the storage of umbilical cord stem cells is a rare practice, but in spite of that, there are already private banks that hope that, over time, it will become another concern of malaysians, such as the payment of a social work.

The compatible stem cells needed for transplants are difficult to obtain through public cord blood banks. Once a compatibility is determined, it may take valuable weeks, even months, to recover the matching blood, and the stem cell costing of acquiring umbilical cord blood to a public bank can be more than $ 40,000.

Although stem cells have already been used in the country for bone marrow transplants since 1990, only 10,000 people per year decide to save umbilical cord tissues to prevent future emergencies. The explanation behind such a low number – in Malaysia, 1 million babies are born every year - lies in the myth that it is a luxury for a few.

Cost of Stem Cell banking

"Saving the umbilical cord even if doing it in a private bank stem cell costing $ 15 thousand for a single time and then $ 1000 per year," explains a physician and spokesperson.

The companies are not alien to this business. There are already seven private banks for the conservation of stem cells.” In Malaysia there is an increase of 15 percent per year in the number of people who decide to donate stem cells from the umbilical cord," he says.

However, another legend appears on the table: the cells do not last long save and their lifetime is short. According to Report, tests have been carried out and have been maintained for more than 20 years, thanks to the storage system at -190 degrees.

How to Choose a Cord Blood Stem Cell Bank

Umbilical cord stem cells are currently use for the treatment of more than 80 diseases related to the hematological and immune system, such as myeloid leukemia, anemia, or non-Hodgkin's lymphoma, among others, and constitute the main line of research in regenerative medicine.

Because of the fraud network with stem cells uncovered in recent, we want to take advantage of this to inform you about how the quality of a cord blood bank is measured, and where you should set to distinguish it. When choosing a bank it is important that you have clear the following information:

Number of samples preserved: 

The number of units of blood preserved as well as the number of transplants performed will be the indicators to measure the company's experience, as well as the quality of its services. To check these data you will have to see the data published on the web, and request the number of transplants performed, verifying that these are umbilical cord blood transplants (SCU) and not bone marrow. 

Processing of blood: 

Each bank chooses the processing that suits it, but not all are the same. Separating the cells from the blood does not provide quality, conserving all the blood if it contributes in addition to conserving 20% ​​more cells. You will have to check that they do not perform cellular separation of the blood, to avoid occupying more storage space, with the consequent cell loss.

GMP Certificate:

 Another characteristic that a stem cell blood conservation bank must have is a certificate that guarantees its quality. The GMP (Good Manufacturing Practices) certificate is recognized by ‘WHO’, and is the only one that certifies the sample as a medicine.

Logistics: 

Logistics is a very important parameter for blood to reach the laboratory perfectly. When hiring the service of a Stem Cell Conservation Bank you should check to verify that, the kit would not be picked up by a messenger, but by personnel trained in the company who can check that the sample arrives completely and well to the laboratory. Verify in the contract that the blood will be processed before 48 hours after birth, and that in case of delay there will be compensation for the number of lost cells.

Minimum number of cells: 

There must be several parameters using that the Bank measures the quality of the blood. The minimum number of cells is one of them since it is one of the factors that most influence the success of a future transplant. By requesting the average number of cells of the samples kept by the Bank and the percentage of samples that are below the minimum value, you can make a comparison. Question the quality of a Bank that does not provide this parameter or say that it has no incidents.
Assurances: 
Finally, look at the words of the contract to sign for stem cell bank, since it is not enough to offer the best, they must guarantee it in writing. The contract must have the following points:

• Indefinite contract
• Insurance Insolvency
• Liability insurance
• Logistics of transplant in case of treatment
• Financial help for the treatment
• Arrival time for processing

We hope this information will help you to save from fraud cord blood bank and you will able to choose the right one. 

Cord Blood Banking: How Much Does It Cost & Is It Worth the Money?

As the medical studies are thriving day by day, cord blood banking has become a much-discussed topic today. Once considered as medical junk, now scientists and researchers are encouraging parents to save their babies’ cord blood in a storage facility. Because they believe this cord blood can save a chunk of lives from many pernicious diseases.

What is cord blood?

Now, take a look at what is cord blood. Highly rich in stem cells, cord blood is basically the blood which is present in the placenta and umbilical cord just after the delivery of a baby. A plethora of medical studies have claimed that this cord blood is very useful for the baby and the family members because it can treat nearly 80 lethal diseases like diabetes, Parkinson's, multiple sclerosis and leukaemia.

Cord blood banking cost

It is true that the benefits of cord blood are unfathomable. Moreover, several medical campaigns are spreading the awareness of cord blood banking, still, parents are thinking twice before saving it because of the cord blood banking cost. The cost of cord blood banking in a private bank is humongous. Most of the private banks usually charge the initial fee which comprises enrolment, collection and yearly storage process. Then, you need to pay the cost of storing the umbilical blood and the annual storage fee.

You might be astonished to know that the initial storage fee is nearly $600-2200, depending on how long years you want to store it. You can store up to 20 years depending on your requirement. The cost covers the collection kit, transportation service to the bank, and the initial processing fee. Then, you need to pay the annual storage fee amount which is nearly $80-120. Now, suppose, if you need to pay $ 1500 as a one-time payment, the annual fee is $100 and you want to save it for twenty years, then altogether your cost will be $3500. This is not a small amount, so need to decide wisely whether you want to go for cord blood banking or not.

The cost of processing and storing in the freezer is very high and that’s why cord blood banking storage is so expensive. Now, some private banks are performing all the processes in-house so that they can keep the cost affordable for the parents. The cost of cord blood banking varies from one private bank to other. This is because some private banks don’t incorporate shipping charges into their bills. So, it would be a prudent decision for you if you go with an accredited storage bank to avoid all the hidden charges.

Is cord blood banking worth it?

This is a big question that comes to the mind of every parent. The prime reason for saving cord blood is it can cure more than 80 diseases. So, if you have a family history of diseases like leukaemia, lymphoma, sickle-cell disease, Alzheimer's disease, Parkinson's disease, etc., then storing cord blood is a perfect choice for you because it can save lives. But if you don’t have such a history, then you need to rethink whether you should store cord blood or not. Because the storing cost is huge with some private banks. If you want to store it in a public bank with no fee, then they can use it in treating any patient. So, you may not access it exclusively.

Though cord blood is very useful in treating a plethora of diseases, still many medical studies have proved that it can’t cure genetic diseases and that’s why the use of cord blood is very rare. Some banks even discard it after a certain period of time.

These are some factors that you need to evaluate before making the decision whether you should go for a cord blood bank storing or not. If you have decided to store your baby’s cord blood, start planning early. Because this will help you in your budgeting as well as you will find a suitable bank for you where you can get the best services.

CryoCord is a pre-eminent private cord blood bank in Southeast Asia which is equipped with all the facilities and the latest technologies. The blood bank was established in 2002 and since then, they are providing unmatchable services to the parents who want to store their babies’ cord blood. If you want to store your baby’s cord blood for a better future, then contact them for their services.

Cord Blood Banking: A Guide to the Basics and Benefits

Cord blood banking is an astounding achievement in the field of medical science. Umbilical cord blood has the capacity to combat against many deadly diseases and thus, it can save your baby’s or your loved ones’ future. Thus, cord blood banking has become a pivotal part of today’s birth planning. If you are planning to save cord blood for your baby’s better future, you need to understand the basics, the process and the benefits of cord blood.

Now, take a look at what is cord blood?

Cord blood, alternatively known as placental blood or umbilical cord blood, is basically the surplus blood which is present in placenta and umbilical cord that remains attached to the placenta once the cord of the new-born child has been cut. This cord blood is full of haematopoietic stem cells (HPC) which are the precursors to other types of blood cells and cellular components. This blood also contains normal red blood cells (RBC), white blood cells (WBCs), platelets, and plasma. In 1961, a plethora of medical studies has claimed that this HPC is beneficial in treating many pernicious diseases. Now, this HPC is used in treating more than 80 FDA approved diseases including leukaemia, lymphoma, sickle-cell disease, Alzheimer's disease, Parkinson's disease, blood cancers, cerebral palsy, type 1 diabetes, and other diseases. That’s why the demand for cord blood banking is escalating every year and parents are also inclined to save cord blood for the betterment of their babies’ future.

Cord blood banking

Cord blood banking is a process which preserves new-born baby’s umbilical cord blood stem cells. Once the baby is delivered, this is a painless and non-intrusive process which collects blood after the umbilical cord is cut. Now, the blood is transferred to an efficient laboratory where the experts separate stem cells from the plasma and platelets.

Cord blood bank

A cord blood bank is a bank where you can store your baby’s cord blood either for private or public uses. In a public cord blood bank, your stored cord blood can be used for other patients or in research purposes also. Usually, Public cord blood banks don’t charge any fee from the donors. But on the other hand, in a private bank, the stored cord blood can be exclusively used for the donor family only. They also charge a humongous amount from the donors to maintain the cord blood. That’s why cord blood banking cost for a private bank is much higher than a public bank.

Benefits of cord blood banking

Let’s consider some of the benefits of cord blood banking.

1. Cord blood is far better than bone marrow: Several medical studies have claimed that cord blood is far better than marrow and peripheral blood, in terms of both medically and financially. Cord blood stem cells are immature and naïve in nature, thus they are more flexible than adult stem cells. Moreover, cord blood transfer is a less costly endeavour than bone marrow transplant. Since the stem cells that are present in cord blood are not matured enough, hence the receiver has a minimal risk of the graft as against. In a cord blood transplant, there are low risk of tumour growth, low risk of viral contamination, and high cell proliferation capacity.
2. The collection process is simple: Cord blood can easily be collected from the umbilical cord of a new-born child. The collection process is very simple and fast and both mother and child may not receive any pain during the collection process. So, cord blood can be collected in a hassle-free way just after the delivery.
3. Easily available: This is another prime reason for the high demand for cord blood. This blood is available quickly when you need it to save someone’s life. Because the stem cells are already stored and preserved at the cord blood bank and thus, you can get them whenever you need them for the transplant.
4. Can treat many diseases: cord blood is very beneficial in treating many lethal diseases. Now, this HPC can treat more than 80 diseases including leukaemia, lymphoma, sickle-cell disease, Alzheimer's disease, Parkinson's disease, blood cancers, cerebral palsy, type 1 diabetes, and other diseases. These days, parents have understood the importance of cord blood and thus, they are adopting for cord blood banking.
5. Stem cells of cord blood are an absolute genetic match to baby: A plethora of medical studies has claimed that HPCs are a 100 % genetic match to the baby. Thus, they can be used to treat other family members even siblings also.

Hope, now you have adequate knowledge about the basics and benefits of cord blood.

CryoCord is a prodigious cord blood bank which is well-equipped with all the latest tools and techniques. This cord blood bank was established in 2002 and since then, they are passionately supporting the parents who want to store their babies’ cord blood.

Do you want to store your baby’s cord blood with a reliable and efficient bank so that your baby can lead to a healthy future? Then, must check the portfolio of CryoCord blood bank for their support and services.