Umbilical cord blood storage booms on parents' fears
In the still-experimental field of stem cells, the banking of umbilical cord blood has emerged as its biggest industry, driven by marketing claims that the blood could one day have the potential to cure ailments such as Parkinson's disease, paralysis and diabetes. But there is little evidence that the promise of cord blood will ever be realized. The three largest cord blood businesses in the United States have collected more than 230,000 samples, generating at least $300 million in revenue from anxious parents.
Posted by Editor at June 22, 2005 12:32 PM
