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Progenitor Cell Therapy Secures Industry Accreditation
Date:9/10/2008

AABB accreditation bolsters PCT's commitment to quality cord blood stem cell processing, storage, and distribution.

Hackensack, NJ (PRWEB) October 10, 2008 -- Progenitor Cell Therapy, LLC (PCT) announced today that it has obtained AABB accreditation in the category of 'Cord Blood Activities - Processing, Storage, Distribution'.

The AABB accreditation was granted retroactive to 1 April 2008 after satisfactorily passing an intensive on-site assessment by a certified AABB assessor establishing that the level of medical, technical and administrative performance within the facility meets the standards set by AABB. By successfully meeting those requirements, PCT joins approximately 1,800 accredited facilities around the world.

"PCT sought AABB Accreditation because the program sets a standard for facilities around the world to achieve and maintain excellence by promoting a level of professional and medical expertise that contributes to quality performance," stated Marie DeVito, MS, PCT's Senior Director of Quality Assurance and Quality Control.

PCT's facilities and systems are regularly the subject of client audits, including inspections by external quality and regulatory specialist consultants, in addition to audits conducted by accreditation agencies such as the Foundation for Accreditation of Cellular Therapy (FACT).

"AABB Accreditation is of particular importance to our cord blood banking clients and the parents who choose to bank their child's cord blood stem cells with them," states PCT President & Chief Scientific Officer, Dr. Robert A. Preti. "While such accreditation is an important baseline, we believe our program already exceeds most industry standards. PCT is one of the few cord blood processing facilities in the world to process and store cord blood in compliance with the FDA's cGMP (Current Good Manufacturing Practices) stan
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