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TOP NEWS
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 17/08/2009
[Industry news]
Private cord blood bank CordLife has gained foothold in China
Private cord blood bank CordLife has gained foothold in China after signing an agreement with the countrys largest cord blood bank, Beijing China Cord Blood Bank.
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Private cord blood bank CordLife has gained foothold in China after signing an agreement with the countrys largest cord blood bank, Beijing China Cord Blood Bank.
Presently all the six cord blood banks in China are said to operate under local standards. The partnership work provided by CordLife will help Beijing China Cord Blood Bank align its protocols with world-class cord blood processing and storage standards to prepare for their first on-site audit by the American Associations of Blood Banks (AABB). This is said to be the first time a cord blood bank in Asia is providing such a service to another cord blood bank. Once accredited, Beijing China Cord Blood Bank will be the only one in China to receive this international accreditation.
\"The quality of cord blood banking service provided by CordLife is widely recognized by standards including the AABB, Ministry of Health of Singapore, Therapeutic Goods Authority and ISO. We are confident that their vast experience will help enhance our bank\'s standard which in turn, will provide our clients and associates with greater assurance,\" said Mr Gao Feng, CEO of Beijing China Cord Blood Bank.
This partnership may also provide an avenue for the 70,000 Singaporeans and expatriates in Beijing to send their children\'s cord blood stem cells out of China. Both cord blood banks are currently in talks on the potential repatriation to any CordLife facility.
\"This would be great news for expatriates in Beijing. For the first time, they have the option to either store cord blood in China or at their home country,\" said Mr Steven Fang, Group CEO of CordLife.
CordLife currently operates the private cord blood banks in Asia Pacific with processing and storage facilities in Singapore, Australia, Hong Kong, Indonesia and India. |
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