Parents who store their newborn babies’ umbilical cords enjoy both medical and financial insurance.
Three children, ages 2, 4 and 11, whose aplastic anemia conditions were life-threatening, received free insurance coverage, while their parents paid to keep their cord blood for storage after birth.
Two children are undergoing immunotherapy with their own cord blood, and another has received a transplant of half-matched stem cells from his father and his own cord blood.
On Tuesday, the World Cord Blood Day, representatives of the Shanghai Cord Blood Bank said that all the conditions of the patients are fully under control.
At a ceremony on Tuesday, the parents’ representatives were each given 500,000 yuan (US$70,922) to help them with their children’s treatment.
According to Chen Liang, vice director of the cord blood bank, it provides insurance to parents who have kept their children’s cord blood for a period of 20 years. The 500,000 yuan insurance covers diseases such as leukemia, malignant lymphoma, multiple myeloma and aplastic anemia for 20 years.
With the medical development, the use of umbilical cord blood has been broadened. Experts say the booming field of regenerative medicine has enabled a wider use of cord blood.
This year’s theme for World Northern Blood Day is innovations in cellular therapy using umbilical cord blood, and a virtual conference will be held to discuss umbilical cord blood’s potential in the treatment of cancer, HIV, cerebral palsy, autism and more diseases.