Cord Blood America Starts Vegas Operation
Cord Blood America was founded seven years ago in Southern California, with funding from Credit Card, CBAI now claims to have one of the largest stem cell cryogenic storage facilities in the nation. CBAI recently acquired CorCell, “the first licensed private cord blood bank in the United States.”
Most people will remember stem cells for the great promise they hold for medicine, and the controversy over taking them from embryos. However, the stem cells at CBAI (and other cord blood banks) are taken from umbilical cords at birth.
On 22nd Januavary they started their operation in Las Vegas. CBAI occupies a modern-looking 17,000 square-foot building just a short block south of East Sunset Road. During the ribbon cutting ceremony, there were short speeches by CBAI board member Joseph R. Vicente; Somer Hollingsworth, who is President and CEO of the Nevada Development Authority, working to bring economic diversity to Las Vegas; Nevada Lieutenant Governor Brian Krolicky; CBAI Lab Director Dr. Geoffrey O’Neill; and Matthew Schissler, CEO and co-founder of CBAI, who talked about the growth of the company over the past seven years. Dr. O’Neill is the lab director who once worked with Robert A. Good who was the first physician to perform a successful human bone marrow transplant.
Cord Blood America Storage
Stem cells from cord blood can be beneficial for the child, can also be useful for the parents or relatives, and the possibilities don’t stop there. Stem cells may also be used for treating other people when the tissue type matches the recipient. The collected Cord Blood is stored in different liquid nitrogen storage tanks that can hold more than 20,000 samples each. Each tank is insulated, and when the nitrogen level gets low the tank automatically sends a signal to the suppliers, in Los Angeles or Phoenix.
Cord Blood America Inc. (CBAI), through its wholly owned subsidiaries CorCell Companies Inc. and Cord Partners Inc., markets a patented service to preserve umbilical cord blood, thereby allowing families to preserve cord blood at the birth of a child for potential use in future stem cell therapy. Collected through a safe and non-invasive process, cord blood stem cells offer a powerful and potentially life-saving resource for treating a growing number of ailments. Cryogenically preserved umbilical cord stem blood is shown to be effective in the treatment of approximately 75 diseases.
Cryogenics is the freezing of live tissue or whole living organisms in order to defrost and bring them back to life at a later date. There are diseases that cannot be cured today and there is a theory about where some one may one day be kept on ice so to speak, while medical science works out how to cure the illness.
It may be a humble begining of another Amazon or eBay, who knows!