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Cord Tissue Banking vs Cord Blood Banking As Stem Cells from the Umbilical Cord and Placenta Tissue Become More Important, Americord
Attracts a New Set of Savvy Customers
NEW YORK, Feb. 12, 2014 - As the scientific community moves forward with ever more
therapeutic uses for hematopoietic stem cells and pursues revolutionary medical possibilities
for mesenchymal stem cells, expectant parents are increasingly understanding the value of
preserving stem cells from not only the cord blood, but also the cord tissue and placenta tissue of
their newborn baby. And they're focusing on how much they're getting for the price they pay to
the cord blood banking companies that offer these services.
While banking stem cells from the umbilical cord blood of newborn infants has become a routine
decision for many expectant parents, banking stem cells from cord tissue and placenta tissue is
less familiar. This may be because the scientific details can be overwhelming. In simplest terms,
the cord blood found in the umbilical cord is a rich source of hematopoietic stem cells, which
have been successfully used to treat more than 80 diseases and conditions, including certain
cancers and inherited disorders. In contrast, the tissue of the umbilical cord and the tissue of the
placenta are rich sources of mesenchymal stem cells (MSCs), which are currently the subject of
almost 50 clinical trials and hold the promise of being able to someday treat debilitating
conditions such as heart disease, type 1 diabetes, lung cancer, Parkinson's Disease, and injuries
to bones and cartilage.
MSCs have the potential to revolutionize the treatment of diseases and conditions long
considered to be incurable, and Americordis at the leading edge of offering expectant parents the
opportunity to preserve them. For example, Americord is the only company offering the ability
to preserve MSCs from placenta tissue. At the end of 2013 the company announced that it
hadvalidated a new process for collecting MSCs from placenta tissue, making it the first to
successfully isolate these particularly valuable stem cells within placenta tissue.
Already recognized as an affordable option for expectant parents whose budgets do not stretch to
the prices charged by top competitors just for basic cord blood banking, Americord is becoming
an increasingly attractive alternative for expectant parents with more generous budgets who want
to preserve stem cells from all three available sources.
To understand why, just look at competitors' prices in comparison to the value delivered.
ViaCord charges over $8,000 and CBR charges over $7,000 for stem cell collection from cord
blood and cord tissue plus 20 years of storage (as noted, neither offers collection from placenta
tissue). In comparison, Americord charges less than $4,000 for collection from cord blood and
cord tissue plus 20 years of storage. Even more compelling is the fact that at $6,000, Americord's
cord blood, cord tissue, and placenta tissue product (three sources) is less than either competitor's
two-source offering. "We believe strongly in the value of preserving as many stem cells as
possible from every available source when a baby is born," said Americord CEO Martin
Smithmyer. "Our commitment to delivering the highest quality services at the lowest possible
price is making it possible for more expectant parents to preserve more of their baby's stem cells
than they can with any other cord blood bank."
About Americord
Americord is a leader in the advancement of umbilical cord blood, cord tissue and placenta
tissue banking. Americord collects, processes, and stores newborn stem cells from umbilical
cord blood for future medical or therapeutic use, including the treatment of more than 80 blood
diseases such as sickle cell anemia and leukemia. Founded in 2008, Americord is registered with
the FDA and operates in all 50 states. The company's laboratory is CLIA Certified, accredited
by the AABB and complies with all federal and state guidelines and applicable licenses.
Americord is headquartered in New York, NY. You may visit Americord's cord blood blog or
website at cordadvantage.com for more information. You may also find Americord
on Facebook and follow the company on Twitter.