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)... D.C. (PRWEB) , ... June 24, 2016 , ... ... Heroes Golf Classic Tournament held on June 20th at the Woodmont Country Club ... charity, Luke’s Wings, an organization dedicated to helping service members that have been wounded ...
(Date:6/24/2016)... ... June 24, 2016 , ... ... the upcoming 2016 Miss Arizona pageant as its official Medspa Sponsor. Dr. Josh ... Mesa, and Chandler, Arizona. , Dr. Olson says the decision to support ...
(Date:6/24/2016)... ... June 24, 2016 , ... To succeed under ... providers, however, are unsure how to move forward, given the need to sustain ... path forward tailored to an organization’s specific needs. , PYA Principal Martie Ross ...
(Date:6/24/2016)... ... 2016 , ... Today, InhaleLabs.com (Inhale) offilially launched its site, which ... users with high quality water pipes within an ideal price range. The site is ... founded by two brothers, Nick and Mike Hunter, who use medical cannabis to heal ...
(Date:6/24/2016)... ... ... Dr. Seema Daulat, a native Texan and University of Texas at Austin magna ... 13, 2016. , Dr. Daulat earned her Doctorate of Medicine (MD) at The University ... Agape Clinic serving Dallas’ underprivileged community. , Following medical school, Dr. Daulat completed both ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... 23, 2016 Research and Markets has ... Market Analysis 2016 - Forecast to 2022" report to ... report contains up to date financial data derived from varied ... major trends with potential impact on the market during the ... segmentation which comprises of sub markets, regional and country level ...
(Date:6/23/2016)... Ill. and INDIANAPOLIS , ... students receiving a Lilly Diabetes Tomorrow,s Leaders Scholarship is ... 2016 scholarship winners, announced today online at www.diabetesscholars.org ... let type 1 diabetes stand in the way of ... has supported the Foundation,s scholarship program since 2012, and ...
(Date:6/23/2016)... DUBLIN , June 23, 2016 ... the "Surgical Procedure Volumes: Global Analysis (United States, ... Australia, Canada)" report to their offering. ... an essential tool for healthcare business planners, provides surgical ... looks at surgery trends with an in-depth analysis of ...
Breaking Medicine Technology: