Cord Blood Research

Legislation introduced to create inventory of cord blood stem cell units

Published in Hepatitis Weekly, April 18th, 2005

ThermoGenesis Corp. (KOOL) announced that S-681 titled "Cord Blood Stem Cell Act of 2005" was introduced on March 17, 2005, in the U.S. Senate "to establish a National Cord Blood Stem Cell Bank network to prepare, store and distribute human umbilical cord blood stem cells for the treatment of patients and to support peer-reviewed research using such cells."

This legislation follows the initial $19.4 million appropriation with extended funding which may exceed $150 million over 5 years.

Lead sponsor for S-681 was Senator Orrin Hatch (R, Utah) who was joined by 4 co-sponsors: Arlen Specter (R, Pennsylvania), Sam Brownback (R, Kansas), Chris Dodd (D,...

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Source: Hepatitis Weekly (2005-04-18)

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