Tuesday, January 19, 2010

To Bank Or Not To Bank

To Bank or Not To Bank?
That is the question. Should we go for stem cell banking for our child or no?
I am hell confused and can't make up my mind. I have had Biotechnologist, from one of the leading 'Stem Cell Banking' providers in India, at our place this weekend to get more understanding about this concept. Though after the session we have got an idea about what it is but we aren't sure if we should go for it.

My husband has a lot of valid questions like what accreditation the company had, rules and regulations for private cell banking in India. Though we are convinced that it is good thing and might turn out to be a blessing in future (God forbid if we ever need it, though!) ; we are not convinced if it will be stored properly. Moreover, Government of India hasn't yet devised or imposed any rules and regulations for this thing as it is pretty nascent in India and is just 6 years old.

Besides discussing it with the Biotechnologist from that company, we also took our Gyno's views. She said that we can go for it if we can afford it. But in future technology might advance and cell extraction would be possible from other sources as well in which case cord banking might turn out useless.

I also found out guideline for this on a parenting site:
Excerpt:
  • If your family has a history of diseases, such as leukaemia, lymphomas, sickle-cell anaemia, immune deficiency diseases, aplastic anaemia or thalassemia, cord blood storage may be a good idea. Your family's odds of needing a stem cell transplant are higher than the general population's. For more help assessing your risk of having a child with one of these diseases, talk to your doctor who can guide you clearly based on your family history.
  • If your child belongs to a minority group, storing cord blood may be of more value to you. Research indicates that a Caucasian patient has an 88 per cent chance of finding a matching donor on the US National Marrow Donor Program registry, while an African American's chance was significantly lower at 58 percent.

If you’ve decided to opt for cord blood banking, ensure that you choose a well-reputed bank, which is certified, has technological experience and expertise. Check the pricing options and also find out about their storage facility, network, accessibility and tie-ups with hospitals.


PHEW!!! We are still confused.
Appreciate any suggestions regarding cord banking.

1 comment:

  1. What I really want is to see more PUBLIC cord banking. It's still not available at most hospitals and birthing centers, even in the U.S. The nice thing about public banking is that the cells have a much chance of being used--they are available to other children, not just one's own.

    But in this day and age when most banking is private...hard choice. We did not do it with our kids but I can see why you might want to.

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