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Can routine commercial cord blood banking be scientifically and ethically justified?

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Can routine commercial cord blood banking be scientifically and ethically justified?

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GROUND TO THE DEBATE: Umbilical cord blood–the blood that remains in the placenta after birth–can be collected and stored frozen for years. A well-accepted use of cord blood is as an alternative to bone marrow as a source of hematopoietic stem cells for allogeneic transplantation to siblings or to unrelated recipients; women can donate cord blood for unrelated recipients to public banks. However, private banks are now open that offer expectant parents the option to pay a fee for the chance to store cord blood for possible future use by that same child (autologous transplantation).

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