Cord blood banking is the collection and storage of umbilical cord blood, carried out by facilities called cord blood banks, in response to the potential of cord blood for treating diseases of the blood and immune system. Public cord blood banks accept donations for use by anyone in need and function like public blood banks, while private cord blood banks store cord blood solely for potential use by the donor or the donor family, typically for a collection fee and an annual storage fee; public cord blood banking has traditionally been more widely accepted by the medical community. The source article is titled Cord blood bank.
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Cord blood banking preserves hematopoietic stem cells, a hematology practice.
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1. Wikipedia
Wikipedia contributors, Wikimedia Foundationhttps://en.wikipedia.org/wiki/Cord_blood_bank, lead sectionQuote, https://en.wikipedia.org/wiki/Cord_blood_bank, lead section
A cord blood bank is a facility which stores umbilical cord blood for future use.
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