In New Zealand, all cord blood banks must by licensed by Medsafe, the New Zealand Medicines and Medical Devices Safety Authority. Medsafe is a business unit of the Ministry of Health and is the authority responsible for the regulation of therapeutic products in New Zealand. Medsafe regulates ALL products used for a therapeutic purpose. Even if a company only collects cord blood in New Zealand, and sends it elsewhere for processing, the company must be licensed by Medsafe in order to operate in New Zealand. Cord blood banks that are authorized to operate in New Zealand will appear on the web page here.