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Cord Blood America to Open "State of the Art" Cryogenic Lab in Las Vegas

By Traci Hogg

Cord Blood America (CBAI.OB) opens its state of the art cryogenic lab in Las Vegas next month. This is big news for the cord blood storage industry as the lab has the potential to be one of the largest, if not the largest, banking lab in the US.

Cord Blood America is the parent company of CorCell Companies, Inc., which was the first licensed private cord blood bank in the USA. CorCell has been dedicated to cord blood preservation since 1995.

Since 2006, Cord Blood America has merged several cord blood banks into CorCell - most notably, Cord Partners of Los Angeles, CA, CORD of Long Island, NY, and CureSource of Charleston. Today, CBAI safeguards cord blood stem cells for over 20,000 customers.

CorCell is an industry leader in private cord blood banking services. It processes and stores your baby's cord blood under FDA cord blood requirements using Good Manufacturing Practice Standards (cGMP), a higher processing standard than that of many other cord blood banks. This means your baby's cord blood will not only be viable for current therapies, but will meet the standards of future therapies that are currently being researched and developed today.

Their program credentials include:

Experience in private family cord blood banking since 1995.

Licensed, accredited and FDA registered lab facility that is a leader in cellular engineering.

Safe, reliable, easy-to-use collection procedure.

History of cord blood collections nationwide and internationally.

Successful track record of cord blood transplants,

First Known autologous transplant worldwide for childhood leukemia.

Discounts through health insurance.

I wish I had learned about cord blood banking in time to make use of it. I was pregnant with twin boys, one of which had a serious heart defect and sadly, he passed away. Years have passed and we now have two beautiful boys. It would have certainly relieved our concerns if we had cord blood stored for our children, but we were not counseled about it, and it is too late for our family. But I'd encourage others to take the opportunity to protect your baby's future and store their cord blood. This one simple, painless step can make all the difference if it is ever needed. Medical advancements are happening quickly, making what was once incurable... curable.

Here is one recent example of how cord blood reversed Cerebral Palsy in a Colorado child:
www.fox2548.com

Cord Blood America is one of those penny stocks that will allow you to sleep at night. They have always been current with SEC filings and Matthew Schissler, CEO, keeps investors up-to-date with interviews and PR's. They have been paying down debt in 2009 and are on their way to becoming cash flow positive. A recent press release from the company states, "Our 2010 business strategy involves a shift in focus to acquiring more assets, organic growth and diversification and increase of our revenue streams."

With stem cell advances in the news almost daily, and the new lab opening in just over a month, the possibilities are endless. More and more new parents will start storing their baby's cord blood and protecting their future health.

Disclosure: Writer is Long CBAI.OB, but receives no compensation from the company.