New Law Supports Advancement of Cord Blood Research

Across the world, the benefits of banking your child’s cord blood continue to go undiscovered by moms- and dads- to be, but the United States’ government hopes to increase awareness of this potentially life-saving treatment. The reauthorization of the “Stem Cell Therapeutic and Research Act” has just been passed by the House of Representatives, which will promote the research of cord blood technology until 2015.

Chris Smith, the bill’s author, stated that it is beneficial to increase awareness of cord blood treatment and banking, as many parents across the countries still do not know anything about this technology.

“It remains one of the best kept secrets in American that umbilical cord blood stem cells and adult stem cells in general are curing people of a myriad of terrible conditions and diseases”, he says.

The reauthorized bill allocates $23 million of federal funding to the National Cord Blood Inventory from 2011 to 2014. In 2015, the organization will receive $20 million. The funding will help to further advance research initiatives while providing outreach programs with the necessary materials to help educate the general public.