The American College of Obstetricians and Gynecologists Recently Revised its Opinion of Cord Blood Banking Thursday, February 7th, 2008
Until recently, ACOG advised against doctors referring patients to private cord blood banks. They now believe that doctors should give their clients a fair and balanced view of the advantages of private blood banks.
Private Blood cell storage offers a number of advantages over public storage. The stem cell stored contains the babies’ blood therefore offering much better chances of matching well with the babies system. It is also a guarantee that the cord blood is available for the child and stored with the utmost care. CordBlood America, Inc. (CBAI.OB), also through its subsidiaries, is conducting extensive stem cell research giving parents that choose to store their babies cord blood with them access to the latest medical breakthroughs in stem cell research .
The ACOG takes no stand for or against Private cord blood storage simply stating that new parents should be fully informed. CordBlood America provides in depth documentation on Cord Blood storage. Their website is easy to understand and helpful guiding parents in making a potentially lifesaving choice for their child. Stem cell research is in its infancy and continues to show future promise. Cord Blood America gives parents peace of mind knowing that their baby’s cord blood is available if the need arises.
Cord Blood America Inc. (CBAI.OB) Continues to Support Informing Parents about the Advantages of Cord Blood Storage Wednesday, February 6th, 2008
Cord Blood America Inc. today announced that it believes the trend established in 2007 for states to legislate that consumers should be made aware of the advantages of umbilical cord blood storage will continue in 2008 and beyond. New York was the first state to put into law the need for a program to make the public aware of the potential future benefits of umbilical cord blood banking. The state of California quickly followed New York and enacted similar legislation to inform the public.
Spearheading the movement for legislation in New York was Assemblymen Joseph Lentol who was said, “Pregnant women should be receiving information early so they can make an educated decision, especially since there are now more than 60 diseases that can be helped through cord blood transplantation, including leukemia, lymphomas and other cancers.” California Assemblyman Anthony Portantino further added, “Why are we throwing something away that we know is such a healing product. It has the power to do miracles.”
Cord Blood America Inc. was founded in Los Angeles, California in 2003 and has not only been collecting, testing and processing umbilical cords in the United States, but has also been actively engaging in advertising through print, radio and television for further support of their cause. In 2004 the company generated only $752,000 in revenues which by 2005 had tripled to over $2.28 million. The steady increase has continued as the company recorded revenues of $3.33 million in 2006 and is on pace to finish their 2007 fiscal year with nearly $8 million in total revenues.
Educating Audiences, Cord Blood America, Inc. (CBAI.OB) to be Featured on MoneyTV Monday, February 4th, 2008
Cord Blood America, Inc. (OTCBB: CBAI) recently announced it has increased its customer base for 2007 by 500%. To discuss this, and other news, the company will be featured on this week’s MoneyTV.
Through its subsidiaries, Cord Blood America collects, tests, processes and preserves umbilical cord blood for use in future stem cell therapy. The company also collects, processes, and preserves peripheral blood and adipose tissue stem cells for individuals who wish to preserve their stem cells for future use as well.
The company maintains its mission to become the most respected stem cell preservation company in the world. Through strategic advertising and education, Cord Blood America targets families with history of disease, critically ill patients, and those who simply want to learn more about the stem cell services.
Cord Partners, a Cord Blood America company, was established in 2002 as a competitive umbilical cord blood storage company. Cord Partners is focused on allowing families who seek stem cell preservation the opportunity, without worry about how to get it done. The company has combined medical kit preparation, medical courier arrangement, around-the-clock customer service, easy enrollment into one package offered at one price.
Airing as a featured company on MoneyTV, Cord Blood America will further educate its audience on its services while highlighting the company’s achievements.
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