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Cord Blood Registry Maintains Solid Growth in First Quarter 2009
Date:6/11/2009

x.asp" target="_new">state-of-the-art laboratory facility and maintain the industry-leading quality of its product. This includes the company's complete conversion in 2008 to automated processing technology as part of its propriety CellAdvantage(R) system.

"Every parent who banks with CBR can expect that their newborn's stem cells will be individually transported via specialized courier service from time of birth to our laboratory in less than 22 hours on average. Once the cells arrive, our proprietary collection and automated processing system gives us the unique ability to recover and store more than 98 percent of the available stem cells, which is up to 60 percent more than others" said Johnnie Domingue, chief financial officer and chief operating officer. "We're not aware of any other stem cell bank in the world that can offer this level of service, quality and efficiency."

About Cord Blood Registry

Cord Blood Registry(R) (CBR(R)) is the world's largest stem cell bank, focused on the collection, processing and storage of newborn stem cells from umbilical cord blood and ensuring their viability for medical use. CBR is the most recommended family cord blood bank by obstetricians and was the first family bank accredited by AABB (formerly the American Association of Blood Banks). The company has been profitable and cash flow positive from operations on a cumulative basis since 1999. To date, CBR has processed and stored cord blood units for more than 275,000 newborns from around the world and has released more client cord blood units for specific therapeutic use than any other family cord blood bank. The company's research and development efforts are focused on helping the world's leading cl
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SOURCE Cord Blood Registry
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