It is a good news to know that many Indians are now opting for stem cell banking since now they are aware that via this, thy can gift there unborn child a way to fight blood, genetic and immune system diseases for the rest of his or her life.

V.R. Chandramouli, managing director of Europe's largest stem cell banking company, Cryo-Save, which launched operations in India in December reported, “Already 300 people have approached us for information on stem cell banking.”

The huge potential in India is obviously realized by the company and it is quite impressive to know that it has invested over Rs.10 million in 10 stem cell storage banks opened this month.

Several companies like LifeCell, Chennai; and Reliance Life Sciences were already dealing with stem cell banking. Basically, when the delivery happens, stem cells are collected from umbilical cord blood are collected when the cord connecting the baby to mother is cut.

Chandramouli reported, “Stem cell therapy has the potential to radically change the treatment of human disease. Cord blood technology has been used in the US since 1990. Parents and guardians are increasingly seeking to store their children's stem cells as an insurance policy against future life-threatening diseases.”

It would be interesting to know that over the years, umbilical cord blood stem cells have been brought in use in an increasing number of treatments including leukaemia, malignant tumours, blood disorders, red cell disorders and more. As of now, research in the use of stem cells to treat more than 85 diseases is being undertaken.

Chandramouli reported, “Stem cells have the potential to grow into any other type of cells. They are the building blocks of the blood and immune system that can reproduce into other cell types, including heart, muscle and nerve.”

Basically, stem cells function as the natural repair kit for the human body and during the last few years, over 10,000 patients in over 150 countries have been treated with cord blood stem cell transplants.

A stem cell storage kit is being offered by the company for Rs.75, 000 that includes the cost of collecting stem cells at the time of delivery to processing and preserving it for next 21 years.

Chandramouli informed, “The couple interested in storing stem cells may contact the company two months before the scheduled delivery. Our counsellors will approach them and guide them about the process. After 21 years, we will charge a minimal annual fee to store it for a lifetime.”

Furthermore, the company has also tied up with many hospitals and gynaecologists with the aim of making expecting mothers aware about the benefits of stem cell therapy.

Chandramouli concluded, “We will store the stem cells in two different packets so that it can be used twice. The multiple storage facility can also help in stems cells from a baby being used for treating other family members.”