Table 2: Advantages and disadvantages of private and public cord blood banking

From: Umbilical cord blood donation: public or private?

ConsiderationPrivatePublic
Banking motivationHealth insurance for the baby and first-degree relativesBe the match to save a patient in need
Cost to parentFirst year $1300–$2300,
over 20 years, $4000 (USA)
Free
Business model of bankProfit margin on each cord blood unit bankedMust sell cord blood units for transplants to break even
US FDA requirementsRegistered
Inspected
Registered
Inspected
Biologics license
Directed donations accepted?YesYes
Inventory available to unrelated patientsNoYes
Inventory suitable for unrelated patientsNoYes
Odds of cord blood storageAll samples big enough for regenerative therapy are keptOver 80–90% collections are discarded
Cord blood Transplants to date100035 000
Collection areaNationalSelected hospitals that are often local to the bank
Additional stem cell storage optionsMay store additional stem cells from cord tissue and/or placentaNone
Therapy partnershipsBank may offer exclusive access to clinical trials they sponsorUsually nonexclusive
  1. Abbreviation: FDA=Food and Drug Administration.