Banking or Bankrupting: Strategies for Sustaining the Economic Future of Public Cord Blood Banks.

Dec 7, 2015

Authors: Jeremy Magalon,Martin Maiers,Joanne Kurtzberg,Cristina Navarrete,Pablo Rubinstein, Colin Brown,Catherine Schramm,Jérome Larghero,Sandrine Katsahian,Christian Chabannon,Christophe Picard,Alexander Platz,  Alexander Schmidt,Gregory Katz.

Article in Open Access. PLoS ONE 10(12): e0143440. doi:10.1371/journal.pone.0143440

Cord blood is an important source of stem cells. However, nearly 90% of public cord blood banks have declared that they are struggling to maintain their financial sustainability and avoid bankruptcy. The objective of this study is to evaluate how characteristics of cord blood units influence their utilization, then use this information to model the economic viability and therapeutic value of different banking strategies.