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Family Bank: Redcord
About
Redcord S.A is owned by the private equity company CryoHoldCo, a subsidiary of ACON investments. CryoHoldCo has acquired multiple cord blood banks in Latin America, located in multiple countries. The combined CryoHoldCo inventory is 225,000 stored units as of Sept 2019.
Labs and Locations
The laboratory of Redcord / CryoHoldCo of Colombia is located in Bogota city in one of the most important health zones, a few steps from the well recognized Clinica del Country hospital: Carrera 16 # 82 – 29 7th Floor, Bogotá, Colombia
Business Experience
Redcord S.A. Banco de Células Madre del Cordón Umbilical was the very first privately owned cord blood bank in Colombia. The bank was launched in 2003 as a subsidary of the fertility clinic Conceptum. Redcord´s laboratory is accredited by the Colombian health agency INVIMA and by ISO 9001-2000. Since 2017, Redcord S.A is owned by the private equity company CryoHoldCo, a subsidiary of ACON investments.
Since 2015, the bank has opened two new subsidiaries in Medellin and Barranquilla, expanding its operations.
Ciudad del río, Medellín
Calle 19A 44 25 Consultorio 1920
Clínica del prado
Puerto Colombia, Barranquilla
Cra 28 1 B 315 Consultorio 613
Clínica Portoazul
Collection Kit
The collection kit provides supplies for gravity collection of cord blood into an FDA-approved, sterile collection bag. The sterile PALL collection bag that is provided in every kit may be used in the operating room during a C-Section. The anti-coagulant is Citrate Phosphate Dextrose Solution (CPD). The sterilization supplies are Iodine Swabs.
Transportation container
The Redcord shipping container is guaranteed to maintain room temperature for a certain number of hours.
Shipping Info
Redcord provides shipping arrangements, within the country. Employees of Redcord will pick up the blood from hospitals in the Bogotá area 365 days of the year. Elsewhere in Colombia, the courier Ocasa International, a specialist in the transportation of biological tissue, will collect the cord blood container.
Processing Method
Redcord uses automated Sepax cell separation equipment from Biosafe. The Sepax main processing unit allows the controlled separation of stem cells in a fully automated and closed environment. Each cord blood sample received by the bank is subjected to rigorous studies of infectious diseases. CD34+ count – a requirement from transplants centers – is also included. At Redcord, even low volume cord blood samples are fully processed. Within 30 days of all processing, parents are provided with a certificate describing tests results, cell counts and viability.
Licensing & Accreditation
Redcord is accredited by the Colombian health agency INVIMA as well as ISO 9001-2000.
Redcord follows the protocols of JACIE, and wishes to get FACT accreditation.
Community Service
Since 2005 Redcord established RedLife, a corporate social responsibility program designed solely for the common wealth of families in need. The program offers free cord blood banking to families which happen to have an immediate relative with a diagnosis that can be treated with cord blood cells transplantation.
Prices
Total cost includes: Collection kit, courier, processing and storage fee. No enrollment fee is ever required.
Storage plans vary from 1 year up to 18 years, upon agreement with the bank.
Annual storage fee is an option.
Payment plans are available.