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.
"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.