Factors to be Considered While Choosing a Stem Cell Bank
Stem Cells Banks
Every newborn’s stem cells that stay in the cord blood and the mesenchymal stem cells that one can find in the cord tissue have got immense potential to save human lives. Stem cells have the intrinsic to replicate themselves as precise, secure, and authentic cell groups. Thus stem cells are highly significant, as far as the modern medical field is concerned. That said, the storage of the stem cell is equally vital as the process of obtaining the same. However, it is highly significant that you must go for a professionally-managed stem cell bank from the available options of stem cells banks for storing the stem cells of your baby. Such perfect storing is vital to maintain the effective nature of the stored stem cells intact. The medical scientists hold the opinion that the stem cells will serve as an effective medicine for curing the various damages that occur to the internal organs of the human body. According to them, this treatment method will be handy for curing diseases like Alzheimer’s or Parkinson’s.
Stem cells banks must be capable of performing the entailed different processes related to stem cell banking such as the collection, processing, and storing up of the stem cells intact, for using the same for future therapeutic purposes. However, one must make sure to select a perfect bank for storing the cord blood of the newborn, and there are some practical factors that one must consider while selecting a stem bank from the available bunch of stem cells banks. That said, only when some conditions such as the health condition of the patient, etc., are favorable, medical practitioners will use the stem cells.
Factors to be Considered While Choosing a Stem Cell Bank
Reliability: The reliability of the stem cell bank management is of prime importance. There must be qualified and experienced management personnel. You can also check the official recognitions such as AABB (American Association of Blood Banks), FACT (Foundation for the Accreditation of Cellular Therapy), ISO (International Organization for Standardization), & CAP (College of American Pathologists). The stem cell bank must have a global vision and network with superb and commendable experience in automated stem cell banking, as well as storage technology. It must have earned a high reputation as regards the storage procedures for future usage.
Experience: You must ensure the competency of the management before choosing a specific stem cell bank. Experience counts a lot, and hence you must opt for an experienced company that has professional management. If a bank has two decades of experience in this field, then, of course, you can deem it as an established and reliable stem cell bank. If a stem cell bank has nearly 110,000 clients that include both private and public clients, then it is a dependable stem cell bank. The top management personnel must be highly qualified and experienced as regards the life sciences, pharmaceutical, and stem cell banking industry and must have track records of success in the same.
Lab Facility: The Company must own a high-tech laboratory and must have a safe location. Remember, some companies will be outsourcing these functions to outside labs, and hence, the possibility of damage will be more. The location where lab stays must have both natural and man-made protections from the possible natural disasters like earthquakes, floods, fire, etc.
Company’s Stability: Yet another significant matter to consider while selecting stem cells banks is the financial capacity of the company. The company must be stable financially; this is vital to run the stem cell bank as it should be. Remember, only when the bank is maintained with scientific preciseness, the stored stem cells will remain usable for the future purpose.
Pricing: The next significant point to ponder is the pricing factor. It must not be excessive. There may be companies that charge exorbitant prices for storing the stem cells, claiming that the entailed processes are complicated and need more finance for keeping the same safe. You must compare the facilities provided and charges of different stem cell banks before selecting one. You must pick a bank that will preserve the stem cell of your kid with utmost carefulness at an affordable price tag.