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IoM issues Cord Blood report

14. April 2005

At 4PM EDT, the Institute of Medicine releases the report from the Committee on Establishing a National Cord Blood Stem Cell Bank Program.  Extremely abbreviated summary:
  • The primary goal of the national program is to maximize patient access in the most efficient, cost-effective, and ethical manner possible.
  • The U.S. Department of Health and Human Services (DHHS) should establish a new National Cord Blood Policy Board to set rules for the donation, collection, and use of this resource.
  • The new National Cord Blood Policy Board should be established at the level of the DHHS Secretary to ensure that it is distanced from other HHS programs (such as NMDP).
  • The HHS dept HRSA should solicit proposals for a new Cord Blood Coordinating Center to manage daily operations of cord blood banking and allocation nationwide.
  • No current organization has all the necessary capabilities to serve as the Cord Blood Coordinating Center (this implicitly means neither NMDP nor NYBC).
  • In particular, techniques of HLA typing and measures of quality control both need to be standardized.
  • Cord blood donors must give fully informed consent prior to delivery.
  • The FDA should move "promptly" to license cord blood.
  • The majority of funding available for the national cord blood bank program should be targeted to expanding the inventories of participating banks.
  • According to an economic analysis conducted for the study, the point at which the costs of banking exceed the benefits for the patient population is 200,000 units.