Navigation Links
First Cord Blood Bank in North India to be Opened in Gurgaon

Providing a rich source of live-saving stem cells, seven banks of umbilical cord blood are coming up across India, and the first of the series will open in Gurgaon this// month.

Cryobanks India, a joint venture between Cryobanks International, a US body, and R.J. Corporation headed by Ravi Jaipuria, will invest Rs.1 billion to build the seven repositories in metro cities.

Cryobanks International is a leader in the collection, processing and banking of umbilical cord blood stem cells.

The project that starts its first facility at Gurgaon, near the capital, will complete the task in next two years, renowned cardiologist and Cryobanks India advisor Naresh Trehan told reporters Wednesday.

"The umbilical cord blood is a rich source of stem cells and the bank will facilitate to store them from any willing family for a certain fee," Trehan told IANS, adding that the cells will be vital in saving life of a person suffering from leukaemia, thalassemia, blood cancer and bone marrow transplant.

He said the Gurgaon bank will have a capacity to store more than 100,000 units of cord blood, obtained from the umbilical chord at the time of a childbirth.

"A family can save the cord blood of their baby for Rs.60,000 for a period of 21 years and it is a one time investment by a family for a secure future," Trehan added.

The first such bank in India is based in Chennai.

The bank will keep the stem cells in hi-tech nitrogen vapour tanks at 190 degrees Celsius.

Cord blood is the blood that remains in the umbilical cord after the baby is born and the umbilical cord is cut. Although once considered medical waste and thrown away, experts now say it is rich in stem cells.

Cryobanks International chief Dwight Brunoehler told reporters that the cord blood storage market is estimated to be about $2 billion and India is emerging as an attractive destination due to its diverse ethnicity and population.

(Source: IANS)
'"/>




Related medicine news :

1. First Vaccine Designed for Africa Cleared for Testing in Humans
2. Ajanta Launches Worlds First Once-A-Day Nimesulide Oral Formulation
3. First human clone is near
4. First Artificial Heart patient has Major setback
5. First head-to-head trials of once weekly Fosamax and Actonel therapies
6. WHO Declares Vietnam First Country to Control SARS
7. Russia Reports First SARS Case
8. Hope for First New Melanoma Treatment in Decades
9. First global SARS meet opens
10. Stanford Medical Center Implements The First Virtual Cardiac Ultrasound
11. Hyderabad To Have Asia’s First Catheter Making Uni
Post Your Comments:
*Name:
*Comment:
*Email:


(Date:6/24/2016)... ... June 24, 2016 , ... Those who have experienced traumatic events may ... to unhealthy avenues, such as drug or alcohol abuse, as a coping mechanism. To ... for healthy coping following a traumatic event. , Trauma sufferers tend to feel a ...
(Date:6/24/2016)... ... June 24, 2016 , ... ... Sessions in Dallas that it will receive two significant new grants to support ... as PHA marked its 25th anniversary by recognizing patients, medical professionals and scientists ...
(Date:6/24/2016)... ... , ... Comfort Keepers® of San Diego, CA is excited to announce they ... to drive cancer patients to and from their cancer treatments. Comfort Keepers provides ... life and ongoing independence. Getting to and from medical treatments is one of ...
(Date:6/24/2016)... ... June 24, 2016 , ... EB ... Decision Making in Emergency Medicine conference in Ponte Vedra Beach, FL. The awards ... in Emergency Medicine Practice and Pediatric Emergency Medicine Practice. , “With ...
(Date:6/24/2016)... ... June 24, 2016 , ... Strategic Capital Partners, LLC (SCP) ... obtaining investment capital for emerging technology companies. SCP has delivered investment events ... in more than a million dollars of capital investment for five companies. ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... N.J. , June 24, 2016  Collagen ... the design, development and manufacturing of collagen and ... regeneration announced today that Bill Messer ... and Marketing to further leverage the growing portfolio ... medical devices. Bill joins the Collagen ...
(Date:6/24/2016)... Research and Markets has ... 2015-2025: Applications, Technologies, Forecasts" report to their ... Electronics, Smart Skin, Structural Health Monitoring, Composite Smart ... electronics involves electronic and/or electrical components and circuits ... structures such as vehicle bodies or conformally placed ...
(Date:6/24/2016)... 24, 2016 Research and Markets has ... Companion Diagnostic Tests" report to their offering. ... Diagnostics The World Market for Companion Diagnostics ... diagnostics. Market analysis in the report includes the following: ... Vitro Diagnostic Kits) by Region (N. America, EU, ROW), 2015-2020 ...
Breaking Medicine Technology: