Cord Blood Banking is still in its nascent stage. Its more like a life style choice for parents. But if we look back, we can find many instances which were lifestyle based and then became the necessity for the masses. Cars, telephones, microwave are some recent examples.So is Cord Blood or umbilical cord banking is going to be used by masses or will remain a choice of wealthy parents? As Cord Blood banking is just started to appear in headlines, people as
always will come up with different theories about its advantages and disadvantages. People who oppose banking of Cord blood points out the high cost for parents which is nearly unaffordable in these dark days of recession. Supporting arguments points out its utility for the baby in the future and the impact it can made for genetics research.Some states in US are passing laws which make Cord Blood banking mandatory and some people think that this decision is backed by corporates involved in Cord Blood Banking. There was a time when Mobile was unaffordable but as its use spread the cost of owning a mobile nose dived.Although banking your child’s cord blood is still catching up the speed, with these laws coming this will become a common procedure and government will open cord banks to store the blood from umbilical cord. This is an optimistic view but it is backed by the facts buried in the history of mankind. Many inventions were initiated by the private capital and when its use started spreading government came up with rule and regulations. This provided a platform and equal opportunity to other new businesses entering this area.
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Aug
20