First thing you need to know is what is cord blood bank and what they do. Cord blood banking takes the cord and blood, preserves it, and freezes it until its needed. At the time its needed, it can be used in a bone marrow transplant, or a handful of other treatments. It is really useful and effective process because these stem cells save lives. There is a good company in US http://www.miraclecord.com. I got the related information from the MiracleCord only.
answered 18 Jan '13, 04:20
It is the blood which remains in umbilical cord after you delivery and placenta. Babies umbilical cord blood is a rich source of special blood cells which is called stem cells. these cells which are the body's building blocks for blood, organs, tissue, immune system and they are genetically unique to each baby.
It is also used to treat the disease like cancer,blood disorders later which require stem cells which is bone marrow transplant. It can also be treated for different disease. But it so expensive for this.
I had come across this information regarding cord blood banking use of saving it http://www.momjunction.com/articles/save-babys-cord-blood_0076998/
And Here is list of banks which are avaliable in us http://parentsguidecordblood.org/findabankUS.php
answered 25 Jun '15, 09:33
Storing the blood just for your own child is not a good idea in my opinion. It is very costly and the available treatments, which require cord blood (because there is no other type of treatment) are sparse.
I think it would be much more apropriate to use a cord blood bank, similar to the normal blood banks. At least in Germany, where I currently reside, there is such a blood bank and we contributed our blood. Of the cases where donated blood was given out by that cord blood bank, most actually went somewhere else in the world and weren't used in Germany (according to their pamphlet).
Also, anything that has "magic" or something similar in its name or description of function is very suspect to me.
answered 21 Feb '13, 13:21