PUBLIC OR PRIVATE CORD BLOOD BANKS
Cord Blood Banks may be public or private / commercial. The main differences between them are:
- Public Cord Blood Banks collect, process and store Cord Blood at no cost to the parents
- Commercial private Cord Blood Banks charge the parents several thousand dollars to collect and store the Cord Blood unit
- Public Cord Blood Banks make Cord Blood units available to any patient anywhere in the world in need of a stem cell transplant
- Commercial private Cord Blood Banks make that unit available only for that particular family’s use
PUBLIC CORD BLOOD BANKS
Within 24 hours of collection, Public Cord Blood Banks test, freeze and later use for transplantation only units meeting the internationally established criteria of a concentration of over 900 million cells per unit.
The advantage and critical need for Public Cord Blood Banks is in the very fact that they are PUBLIC – available for the use of anyone, anywhere in the world in need of a Cord Blood stem cell transplant.
Donating Umbilical Cord Blood to a Public Cord Blood bank is an opportunity for any parent about to have a baby to contribute to the general good, without the need to pay.
Parents are thoroughly briefed that amongst Jewish people’s many genetic minorities there is a dire problem to find a genetic match for possible bone marrow transplants, and therefore this Cord Blood donation could well save the life of one of the thousands of people afflicted each year.
Future Research Resource
However, units of lesser concentration while useless for the purpose of transplantation are still vital for university research laboratories working to develop innovative technologies in this field. Potential parental donors are offered the option of permitting the use of lesser concentrate units for research purposes.
PRIVATE CORD BLOOD BANKING
Privately banking cord blood in Israel costs a few thousand dollars, paid for by the family.
The blood unit is preserved solely for the family providing it, and it is not made available for the use of the general public.