Q: What is cord blood, and why would I consider banking it?
A: After a baby is born the umbilical cord is cut and remains attached to the placenta. Blood is still found inside the vessels within the cord, and can be extracted. It is a painless way to get blood samples.
The samples obtained from cord blood contain hematopoietic stem cells, which treat a variety of blood disorders and can cure blood cancers like leukemia. There are more than 80 known diseases that can benefit from cord blood stem cells, and more are being studied.
Widecells Group PLC (LON:WDC) are leading a transformation in cord blood banking and stem cell treatment; making cord blood banking more accessible through insurance coverage, and increasing the availability of cord blood for transplants.