cord blood transplants are innovative procedures that help save and change the lives of thousands of patients around the world who suffer from a wide range of blood diseases. While the technology has been around for over a decade, there is still a lot that scientists do not know the benefits of cord blood banking.
Currently, there are over 70 diseases that can be treated with cord blood transplants. However, researchers believe that there are dozens of other uses for bank and donated cord blood units. As such, many clinical trials are underway to test these theories and determine which diseases can be treated with cord blood technology.
At present, there are test cord blood in trials for the treatment of type 1 diabetes and cerebral palsy. There is also preclinical trials being made for the treatment of peripheral vascular disease and heart disease.
To conduct such clinical trials, much of the funding is needed. It becomes important for all levels of government to invest in research and development of stem cells. As such, the federal government should help to stem cell research through government subsidies that allow researchers to test the efficacy of cord blood in the treatment of diseases such as cerebral palsy and diabetes.
In countries like the US and Britain, their governments have contributed to an agreement Greal money for stem cells. Millions of government dollars have been spent to fund research for the cord blood bank.
funds in Canada, the Ministry of Research and Innovation of Ontario provided through the Research Fund for research excellence in Ontario. The government also contributes funds for the creation of a national public bank cord blood. The presence of the National Bank will raise awareness of the benefits umbilical cord blood and we hope that this will lead to more clinical trials.