My husband and I are expecting our second child next month. We have been researching on Stem Cell Banking of Cord Blood for some time now. We spoke with two concerns which provide this service in Chennai, LifeCell and Jeevan blood bank.
Cord cell banking typically involves taking blood from the umbilical cord immediately after the baby is born. This blood is processed and preserved at -193C. It costs about Rs 75,000 to store it for 21 years.
From what I understood, stem cells from cord blood have been used successfully in curing leukemia. In most cases it has been used for the relatives, rather than the child itself. It claims to help in the cure of 75 diseases including diabetes, Alzheimer’s and Arthritis. So far I have not found any evidence of this actually been done. I also heard that these stem cells cannot be cultured. Hence they can be used only once or twice. Which means if you use it for a relative (brother or father etc), it will not be available for the child.
If any of you have information or personal experiences to share on cord cell banking and its benefits, please do share it with me. It will help us take a more informed decision.