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Largest public cord blood bank to be set up

Published: 25 Nov 2013 - 09:19 am | Last Updated: 28 Jan 2022 - 06:56 pm

New Delhi: Nalini Ambady, the first Indian American woman to teach psychology at Harvard and Stanford universities, died of leukaemia last month after failing to find a donor for a life-saving bone marrow transplant both in the US and India. But she is not the only one. In India, the situation is very grim.
According to experts, over 70 percent of patients in need of a stem cell transplant are unable to find a match due to lack of bone marrow donors. Also, the inventory of donated umbilical cord blood units is negligible. Realising the need for a repository, LifeCell — India’s first stem cell banking company — has planned to set up the country’s largest public cord blood bank. The Chennai-based company plans to have an inventory of 10,000 units that can be used for treatment during serious medical conditions.
“The need for a public repository of donor stem cells is being felt sharply with the sad demise of Dr Nalini Ambady as she could not find a bone marrow match either in the US or India despite a massive online campaign run by her family and friends,” Mayur Abhaya, managing director and head of LifeCell, said. The company plans to spend  Rs250m for establishing the bank in Chennai in the next five years. At the moment, India has 15 private cord blood stem cell banks. But the need is growing day by day. 
The umbilical cord blood is a rich source of stem cells that have the potential to treat over 80 medical conditions today such as thalassemia (rare blood disorder), leukemia (blood cancer), myeloma (a type of bone marrow cancer), lymphoma (type of blood cancer) and many such critical diseases. Stem cells are regenerative cells that can be transplanted to replace damaged cells in the body. “As of now the umbilical cord blood is wasted post-delivery,” he said.
“We have tied up with over 100 large public health institutions for collection of around 100,000 cord blood samples. Generally 1 in 10 samples are of storing quality; so by the end we will have a repository of 10,000 units,” said Abhaya.
He said consent of the parent will be taken before releasing the unit to a needy patient. “We have decided to keep a cost of Rs500,000 (over $8,300) to source a unit of cord blood as compared to $40,000-$50,000 (Rs25 lakh) in the US. In Europe, it costs the equivalent of Rs21 lakh,” he said.
Umbilical cord blood banking is today regarded as an essential service globally wherein the precious stem cells are collected from the umbilical cord blood and preserved in minus 190 degree Celsius in order to maintain its utility for decades. IANS