Parents are saving their childrens' umbilical cord blood after birth. According to research "A cord blood stem cell transplant with a person's own cord blood stem cells, or that of a sibling, gives your child the greatest possible chance of being cured of their disease." So, I guess it's worthwhile, just a very different practice.
I know you're thinking, "How is this done?"
After your baby is born and the umbilical cord is clamped and cut, your doctor will collect the cord blood using either a syringe or a blood bag. The procedure is safe, painless, and only takes a few minutes.
What's even more interesting is that not only is the newborn a good match for the stem cells, but so is the mother, because she carried the baby for nine months, and so are other siblings. It should also be noted that any family member who is a suitable genetic match may be able to use the stem cells if needed.
Moreover, cord blood can be stored for a long time. Current data reflects that cord blood cells stored for fifteen years have the same composition as they did at the time of storage. All science involving cryogenic storage of cells also indicates that the cells should remain viable indefinitely.
This last statistic is something I find to be most interesting. And although people are leery about interpreting stats, citing it can be manipulated to interpret anything, I would urge them to look beyond their skepticism.
According to medical research, the odds that a child will need to use his or her own stem cells for current uses is 1 in 2,700, and the odds that a family member would need to use those cells are about 1 in 1,400. These odds do not include the emerging use of cord blood stem cells to treat heart disease, diabetes, Parkinson's, Alzheimer's and spinal cord injury. The continued progress would greatly increase the likelihood of use.
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