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Key Decision Criteria
As you prepare for the birth of your baby, you are balancing multiple priorities in the midst of a flurry of activities. It is important to remember that your decision to bank cord blood is one that may potentially impact your family's future healthcare long after your baby is born.
Here are some factors to consider:
Private Family vs. Public Cord Blood Bank
Storing your baby's cord blood with a private facility like Cryo-Cell will guarantee that these preserved cord blood stem cells, which are a 100 percent match to your newborn and possibly to other family members, will be available only to you and your family. Stem cells donated to a public facility become the property of a publicly accessible cord blood bank registry and are available on a first-come, first-served policy. If needed, a donor's cells may already have been used by someone else.
By choosing private family storage, you will not pay extra fees associated with sourcing a specimen match and you will have the assurance that your newborn's specimen will be available if needed.
Quality ...
... Leadership
Cryo-Cell operates a state-of-the-art laboratory facility that is FDA registered, cGMP-/cGTP-compliant and is licensed in all states that require licensure. In addition to our AABB (formerly known as the American Association of Blood Banks) industry accreditation, we are ISO 9001:2000 certified by BSI, an internationally recognized quality assessment organization. Our combined list of licenses and accreditations has established Cryo-Cell as the industry quality leader.
Longevity and Clients
A good indication of whether a company will be around in the future is to consider how long they've been in business and how many clients have entrusted that company. Founded in 1989, Cryo-Cell is one of the largest and most established family cord blood banks with over 200,000 clients worldwide.
Financial Stability
Financial stability is also an important criterion. Cryo-Cell is a publicly-traded company governed by the SEC (Securities and Exchange Commission), which means our financial information is audited by an independent firm and is available to the public. Cryo-Cell has significant cash reserves and is debt-free. As reflected in our publicly available financial statements, we are financially stable with consecutive quarters of profitability.
Control of Processing and Storage
Some cord blood banks are simply marketing outlets that do not perform their own processing or storage. Cryo-Cell operates its own state-of-the-art processing, testing and cryopreservation operation. We are in complete control of every step, ensuring the highest quality available today.
Value
We encourage you to compare Cryo-Cell's industry-leading quality, impeccable client service, exclusive features and extraordinary value versus other cord blood banks, many of which are higher priced. We believe that Cryo-Cell's premium quality, differentiated features and competitive price say it all.
About the Author:
This article is written by Cryo-Cell International, Inc. This is having topics on cord blood stem cell preservation, private cord blood banks, cord blood stem cell transplants and many more. For more: http://www.cryo-cell.com/
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