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Can cord blood or stem cells be stored in a bank?

Bank blood Cord stem cells stored
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Can cord blood or stem cells be stored in a bank?

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Human cord blood, neural stem cells and human embryonic stem cell banks have been established in various countries and are currently being expanded. Cord blood, like bone marrow, is stored as a source of hematopoietic stem cells for the treatment of specific genetic and acquired diseases in allogeneic stem-cell transplantation therapies.

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