Inspired by the acquisition of Cord Blood Registry by AMAG Pharmaceuticals for $700M in June of 2015, this post considers five cord blood investors that are impacting the global marketplace. It includes traditional investments, acquisitions, and contributions from wealthy founders. If you are operating within the cord blood industry, you need to know these market investors. [Read more…]
Hematopoietic Stem Cells (HSCs)
Established in 2004, LifeCell is India’s leading provider of preventive healthcare services, including stem cell banking and diagnostic testing. Its BabyCord program is one of the world’s largest umbilical cord blood banks, with 50,000+ parents preserving newborn stem cells each year and 270,000 units cryopreserved.
Recently, I had the honor of interviewing Dr. Filippo Milano, Associate Director of Cord Blood Transplantation at the Fred Hutchinson Cancer Research Centre (“Fred Hutch”). In this interview, Dr. Milano speaks about trends in cord blood transplantation (CBT) that are affecting the global cord blood banking industry. [Read more…]
Stem cell clinics have received great deal of negative press, with prominent media outlets announcing that the FDA mailed “Warning Letters” to stem cell clinics across the U.S. According to a paper published in the journal Cell Stem Cell in June 2016, at least 351 businesses offer “unproven” stem cell interventions from clinics spread across the United States. Shortly after publication, the MIT Technology Review and Washington Post picked up the story, spreading the fear far and wide. Journalists then got enthralled with the story, calling it the “Wild West” of stem cells.
But, is this the whole story? [Read more…]
Cord Blood Registry (CBR) is the largest U.S. cord blood bank. To date, CBR has stored more than 500,000 cord blood and cord tissue samples, while ViaCord has stored 350,000 samples and Cryo-Cell has stored 240,000 samples.
While these storage counts may include cord blood and tissue units collected by their international divisions, these three industry players are the clear market leaders within the U.S. private cord blood banking industry. [Read more…]