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What is the difference between private cord blood banking and public cord blood banking/donation?

April 26, 2017Banking blood Cord donation private public

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What is the difference between private cord blood banking and public cord blood banking/donation?

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Private cord blood banking requires a fee so that your baby’s cord blood is stored for his/her own future use or use for a family member should it be needed in the future. Public cord blood banking, or donation, means that your baby’s cord blood is collected at birth and either stored in a public cord blood bank making it available to anyone in need of a transplant, or it may be used for research.