Public Banking

In Hong Kong, the Red Cross operates the only public cord blood program in the territory.

Over in the United States, the US Congress approved a US$79 million funding in May 2005 to establish a National Cord Blood Stem Cell Bank Network in order to facilitate greater access and availability of cord blood units for transplant treatments. [1]

Indeed, many countries including the United Kingdom have moved to embrace cord blood storage under the national public health initiative. Under such prerogative, cord blood units collected would undergo an HLA typing service such that matching could be performed whenever a need arises. Thus a cord blood registry is critical to facilitate a public cord blood program.

All in all, the merits of saving cord blood are without doubt. The vast clinical and scientific evidence provides an impetus for the proliferation of cord blood banks around the world.

For more information, see National Cord Blood Program , Hong Kong Red Cross-Cord Blood Bank

[1] Book abstract, “Cord Blood: Establishing a National Haematopoietic Stem Cell Bank Program”, E. A. Meyer, K. Hanna, and K. Gebbie (eds.) Washington, DC: National Academies Press; 2005.