Genesis Bank

About

The Genesis Bank is a subsidiary of the biotech company Cook General BioTechnology LLC. Genesis Bank provides cord blood and cord tissue processing and on-site storage. We offer several discounts based on the services you select. Ask about our long term storage discounts!

Labs and Locations

Cook General BioTechnology, LLC
1102 Indiana Avenue
Indianapolis, IN 46202

Cook General BioTechnology is a sub-contract laboratory for these cord blood banks:

• AlphaCord
• FamilyCord
• SouthernCord
• Cordon de Vida
• CryoLifeCells
• Americord
• Securacell

Business Experience

The Genesis Bank has been in operation since 2007, and is a subsidiary of the biotech company Cook General BioTechnology LLC. We are locally owned and operated. We have a friendly staff that is ready to personally handle your questions and take your order.  We currently have over 30,000 cord blood units stored in our tanks and are expanding our capacity to accommodate our growing client needs.

Collection Kit

All of the materials needed for collection are in the collection kit. We use the gravity method of cord blood collection in a Pall bag with CPD (Citric Phosphate Dextrose) anticoagulant. Our collection kit is sterile both inside and out and may be used during a C-Section procedure.

Transportation Container

It’s very simple to return your child’s cord blood and/or cord tissue. Each kit contains a thermal pouch that should keep the specimen stable for up to 72 hours. We cannot predict the viability of the cells if the collection bag/collection jar isn’t placed in the pouch upon shipment or if it’s delivered outside of the 72 hour collection window.

Shipping Info:

Free overnight return shipping is included with the purchase of your collection kit. We use FedEx priority shipping as our standard shipping method. We also offer shipping through AirNet for clients that would like a more specialized service. There is an additional $200 charge for using AirNet as opposed to FedEx. We have staff on hand to receive your delivery every day including weekends and holidays.

Processing Method

The Genesis Bank employs manual cell separation by the "Rubinstein method".

Components Stored

We perform a plasma and red blood cell depletion to isolate the "buffy coat" of the blood that contains white cells and stem cells.

Storage Method

Once the cord blood has been processed, the bag and a 2ml CellSeal™ vial* is placed in a storage cassette. The cassette is gradually cooled at -1°C per minute. The unit is then stored safely in on of our stainless steel tanks filled with cryogenic nitrogen vapor at a cool -196°C.
*The CellSeal™ vial is used for any future testing, thus giving you a full unit for therapeutic use.

Licensing & Accreditation

The Genesis Bank is registered with the FDA and is AABB accredited. We have an Indiana State Blood Bank License, Cord Blood Procurement and Cord Blood Processing Licenses in New York, New Jersey Blood Bank License, Maryland Medical Lab Permit, Maryland Department of Health and Mental Hygiene-Tissue Bank Permit, and are certified with CLIA.

Clinical Experience

We currently have had 2 units released for transplant. 

Guarantees

Due to the nature of biological material, we don't currently offer any guarantees.

Community Service

We offer several discounts including a $100 discount on processing for physicians, police, firefighters, and military personnel.

Prices

Our prices are among the lowest around. Currently, our total cost for your first year is $1,275. This price includes the collection kit, standard shipping, processing, and the first year of storage. We offer several discounts depending on what services you select, including deep discounts on storage if purchased in advance. We currently offer discounts anywhere between 5%-15% off of the yearly storage rate if you purchase long term storage.

Other discounts include:

Twins: -$175
Triplets: $-350
Banking both cord blood and cord tissue: -$150
Returning client: -$125
Physician: -$100
Military/Firefighter/Police: -$100
Student (must provide a valid school ID): -$100
 
We offer payment plans up to six months.  The only upfront cost is the cost of the collection kit, which is $175.

Additional Services

In addition to banking cord blood, we are proud to offer cord tissue banking as well. We offer two different kinds of cord tissue processing: whole tissue and expanded tissue processing. Whole tissue processing costs $720 and expanded tissue processing costs $2,400. The total first year cost for tissue banking is $1,020 for whole tissue banking and $2,700 for expanded tissue banking. Please call for more information concerning the difference between the two services. 

Prices with Additional Services

If you would like to store both cord blood and cord tissue, we offer a $150 discount plus a reduced yearly storage rate of $200. This is $50 less than banking them individually. Long term storage discounts are available and range anywhere from 5%-15% off of our yearly rate.