My Cord Redefining Private Umbillical Cord Blood Banking
A city-based umbilical cord blood bank has created a facility which will allow its members access to other best matched samples rather than just their own, for treatment of haematological disorders.An umbilical cord is a flexible cord-like structure containing blood vessels which attaches foetus to the placenta during gestation.
CelluGen, the owner of the facility, held a press conference today to educate the public about the need for banking umbilical cord, and doctors and researchers from the field discussed how the precious resource can revolutionise the treatment of haematological disorders in the country.
At a press conference at Hotel Royal Plaza, New Delhi to educate the public about the need for banking the precious resource of umbilical cord, doctors and researchers discussed how Mycord Precious Pool Plan can revolutionize the treatment of hematological disorders in India for those who decide to bank their cord and become a part of the pool in the time of need. It was also emphasized that as the pool continues to grow, so does the likelihood of finding the best matched cord.
Umbilical Cord Blood Transplant (UCBT) has gained popularity as an efficacious treatment modality for various malignant and non-malignant hematological disorders, since the first successful UCBT was done in France in 1988. More than 35,000 successful cord blood transplants have since been performed worldwide.
There are at least 142 public and 25 private UCB banks the world over with 3 public and 7 private banks located in India. In India, insufficient quantity of just about 5000 cord blood units are available in public banks. The chance of obtaining a matched donor for an Indian recipient from foreign registries is meager due to ethnicity and exorbitant cost. Till date, only 32 patients have received a transplant using related or unrelated UCB.
“Private stem cell banks have been growing in India with parents investing over 500 crores annually to protect their newborn against blood-related disorders. Unfortunately, the private banks have been propagating that one’s own cord blood stem cells can be used in more for more than 80 medical problems, which is not true. The fact is that the possibility of utilizing one’s own UCB for transplant in blood related disorders is less than 5%. This futility of storage of UCB for self-use is well recognized by the medical fraternity today. To make umbilical cord blood stem cell transplants a viable option, accessing another person’s cord blood (allogenic) is the best solution,” said Dr. S P Yadav Pediatric Hematologist, Medanta Hospital. As India has limited cord blood units available in the public domain, Mycord’s Precious Pool Plan serves to fill this void.
“Mycord aims to redefine this through the Mycord Precious Pool Plan (MPPP)’. Mycord advocates that all cord blood units stored as part of private banking be made available in a cord blood pool to find the best matched cord blood unit forall clients. This is done at no additional cost of procuring a cord which otherwise, if available in a public bank is very expensive. This unique advantage shall be most beneficial to the precious child whose cord has been banked,” explains Lalit Jaiswal, founder-director, CelluGen Biotech Pvt Ltd.
In addition to umbilical cord blood, Mycord also stores Umbilical cord tissue, Amniotic Membrane and the remaining umbilical cord (direct cord storage) for exclusive personal use of the client for emerging therapeutic applications.
Umbilical Cord tissue derived stem cells find potential use in treatment of various degenerative disorders of the nervous system, osteoarthritis, optic nerve atrophy, diabetes etc, to name a few.Mycord adheres to the practice of isolating tissue stem cells before storage to ensure potency and viability of the cells at the time of use.
Amniotic Membrane – is yet another novel technology Mycord is laying emphasis on. Amniotic membrane (AM) is the innermost layer of the placenta, innately designed as a natural barrier to protect the foetus from potential bacterial and viral infections. Mycord has introduced for the first time in India, technological excellence in collecting, processing and storage of amniotic membranes. This has a tremendous potential for skin regeneration following scars burns etc.
Evidence based medicine is cornerstone of all medical research. Mycord in their booklet –‘Private Umbilical cord blood banking redefined’ has given scientific evidence clarifying the fallacies of Private Umbilical cord blood banking
Private stem cell banks have been growing in India with parents investing huge amounts annually to protect their newborn from blood-related disorders, S P Yadav, Pediatric Haematologist at Medanta Hospital said.
"The fact is that the possibility of utilising ones own umbilical cord blood (UCB) for transplant in blood-related disorders is less than 5 per cent. This futility of storage of UCB for self-use is well recognised by the medical fraternity today.
"To make umbilical cord blood stem cell transplants a viable option, accessing another persons cord blood (allogenic) is the best solution," he said.
Umbilical Cord Blood Transplant (UCBT) has gained popularity as an efficacious treatment modality for various malignant and non-malignant haematological disorders.
The first successful UCBT was done in France in 1988. More than 35,000 successful cord blood transplants have since been performed worldwide, Founder-Director, CelluGen Biotech, Lalit Jaiswal said.
"There are at least 142 public and 25 private UCB banks across the world over with three public and seven private banks located in the country. In India, insufficient quantity of just about 5000 cord blood units are available in public banks.
"The chance of obtaining a matched donor for an Indian recipient from foreign registries is meagre due to ethnicity and exorbitant cost. Till date, only 32 patients have received a transplant using related or unrelated UCB," he added.