CORD:USE Public Cord Blood Bank (formerly CORDUS) is a life sciences and services company focused upon providing proven high quality stem cell therapeutics to patients in need. To carry out its mission, CORD:USE operations consist of the collection, processing, storage and subsequent delivery of hematopoietic (blood-forming) stem cells found in cord blood to transplant centers worldwide for their patients' needs. CORD:USE collects donated umbilical cord blood, customarily discarded as medical waste following the delivery of an infant, to help treat anyone in need of a potentially lifesaving stem cell transplant. CORD:USE processes these cord blood units at Duke University Medical Center under the supervision of Dr. Joanne Kurtzberg, a pioneer and a world leader in cord blood stem cell transplantation. Dr. Kurtzberg is the Medical Director of the CORD:USE Cord Blood Bank at Duke. CORD:USE stores its cord blood units in the BioArchive® state-of-the-art, cryogenic freezer distributed by GE Healthcare, until they are needed for use in a transplant.