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What questions should parents ask a Family Bank about company stability?

  • Is the family cord blood bank a publicly-held or privately-held company? 
  • Is the company affiliated with a hospital or research institution? 
  • Is the company involved in bio-technology research and development?
  • What other medical services does the company perform?
  • How long has the company been banking cord blood? 
  • Who directs the day-to-day business of the company?  Many cord blood banks have famous doctors on their Board of Directors; but they are not involved with the day-to-day operations.
  • What is the lab inventory of cord blood collections, both public and private?  This demonstrates their experience with storing cord blood.
  • How many cord blood collections has the bank released from their own lab for therapy?  This demonstrates their experience with releasing cord blood.