First Cord Blood Bank in North India to be Opened in Gurgaon

by Medindia Content Team on  July 13, 2006 at 7:24 PM Indian Health News
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First Cord Blood Bank in North India to be Opened in Gurgaon
Providing a rich source of live-saving stem cells, seven banks of umbilical cord blood are coming up across India, and the first of the series will open in Gurgaon this month.

Cryobanks India, a joint venture between Cryobanks International, a US body, and R.J. Corporation headed by Ravi Jaipuria, will invest Rs.1 billion to build the seven repositories in metro cities.

Cryobanks International is a leader in the collection, processing and banking of umbilical cord blood stem cells.

The project that starts its first facility at Gurgaon, near the capital, will complete the task in next two years, renowned cardiologist and Cryobanks India advisor Naresh Trehan told reporters Wednesday.

"The umbilical cord blood is a rich source of stem cells and the bank will facilitate to store them from any willing family for a certain fee," Trehan told IANS, adding that the cells will be vital in saving life of a person suffering from leukaemia, thalassemia, blood cancer and bone marrow transplant.

He said the Gurgaon bank will have a capacity to store more than 100,000 units of cord blood, obtained from the umbilical chord at the time of a childbirth.

"A family can save the cord blood of their baby for Rs.60,000 for a period of 21 years and it is a one time investment by a family for a secure future," Trehan added.

The first such bank in India is based in Chennai.

The bank will keep the stem cells in hi-tech nitrogen vapour tanks at 190 degrees Celsius.

Cord blood is the blood that remains in the umbilical cord after the baby is born and the umbilical cord is cut. Although once considered medical waste and thrown away, experts now say it is rich in stem cells.

Cryobanks International chief Dwight Brunoehler told reporters that the cord blood storage market is estimated to be about $2 billion and India is emerging as an attractive destination due to its diverse ethnicity and population.

(Source: IANS)

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shivmagic

CRYOBANKS INTERNATIONAL INDIA PVT. LTD IS A CORD BLOOD BANK AND A PIONEER IN STEMCELL COLLECTION AND PRESERVATION. I HAD MY BABY'S STEMCELLS STORED WITH THIS BANK AND HOPE THIS INFORMATION WILL HELP YOU ALL.

lovely2282

I want to know the address of cord blood bank in varanasi or near varanasi.please provide me address and telephone no.

guest

want to known the address of blood bank in NCR (gurgaon region). Please provide me address and telephone no.

guest

I want to known the address of cord blood bank in NCR(Delhi region). Please provide me address and telephone no.

guest

I want to be a regular blood donar, so would you be able to help me out. i am residing in Gurgaon (Haryana)

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Stem Cells - Cord Blood Thalassemia Stem Cells - Fundamentals Tissue Engineering and Regenerative Medicine Stem Cells Blood in Stools - Symptom Evaluation Bombay Blood Group 

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