Genesis Bank


Cook Group has acquired the assets of General BioTechnology LLC and launched a new company, Cook General BioTechnology LLC (CGBT).

The new company already has contracts with universities to aid in development of advanced cryopreservation and banking procedures for fragile, unique cell and tissue types. Research sponsored by these programs has resulted in the development of several cryopreservation processing patents directly assigned and licensed back to CGBT. Presently, CGBT runs an umbilical cord blood and tissue bank for individual families, The Genesis Bank, and a reproductive tissue bank, Genome Resources. They also market CellSeal, a patented technology that makes aseptic retrieval simple and efficient.