A cord blood bank becomes the storage facility for donors, who are eager to preserve cord blood stem cells. Cord blood bank refers to an innovative program that stores and recruits cells from umbilical cord blood to combat serious ailments in patients. Since studies have provided significant information about the inability of the human body to recover from disorders such as Non-Hodgkin’s disease, extensive spinal cord damage, immune disorders, blood cell disorders, new parents rush to these banks to use their children’s umbilical cord cells. These cord cells can be collected when a true and efficient bank is used to store them. Therefore, adequate facts and details about the operation of the bank should be the focus of the donor’s attention before selecting a cord blood bank.
Private and public cord blood banks
The place where cord blood stem cells are shipped after collection has been established for general and private use. Private banks allow cord blood stem cells to be stored only for the transplant requirements of donors and their families. This means that a donor has the exclusive right to receive deposited samples for his own transplant needs and those of her family members. Stem cells donated to a public bank are less likely to be used by the donors themselves, as the use of stem cells is open to anyone and everyone.
Most of the public and private banks were founded during the 1990s. Public banks regulate strict rules for donors to use their storage facilities. In addition, donors are evaluated along with their blood samples to be eligible for the umbilical cord blood bank. An expectant father is required to contact a public bank 34 weeks prior to delivery. People interested in donating their samples to a cord blood bank can browse the Internet and locate the nearest private or public cord blood bank. In public banks, donors should be aware of the fact that after donation and testing, samples are stripped of all donor identifying information, making it impossible for the donor family to retrieve the donated samples in case of your own transplant needs.
By comparison, a private cord blood bank is a setup that caters solely to the needs of donors. Parents who choose to privately bank their cord blood cell samples are expected to pay a fee of approximately $1,500 to $2,000 to preserve their use rights, plus an annual maintenance fee of about $ 100. Other charges from a cord blood bank include fees for the cord blood collection kit, courier services for cord blood samples to be transferred to the bank, and initial processing steps. Some banks even allow savings of around $500 by paying an amount upfront during banking. If high costs deter you, keep in mind that parents or guardians may choose to donate or sell their stored stem cells to a needy family a few years later, if they are certain of the health of their children and other siblings. .
There is also another option offered by non-profit cord blood banks, of free programs through which umbilical cord blood stem cell samples can be stored. However, it is very important to take notes on the efficiency of cell processing and the frequency of use in transplantation by a cord blood bank before handing over your precious life-saving stem cell samples to them.
