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What is the purpose of donating and storing umbilical cord blood?

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What is the purpose of donating and storing umbilical cord blood?

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Like bone marrow and peripheral blood, umbilical cord blood is a source of stem cells. These stem cells can be used to repopulate the bone marrow in someone being treated for leukemia or lymphoma. It would be available to other people as well, since this is a public umbilical cord blood bank.

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