Business Update

Cord Blood Registry launches industry-leading Principles in Action Initiative

Published in Medical Device Business Week, January 24th, 2007

Cord Blood Registry (CBR), an umbilical cord blood stem cell bank, announced it will launch Principles in Action, extending a formal commitment the company has made to proactively lead healthcare compliance in the emerging umbilical cord blood banking industry.

The new program establishes principles that ensure the company's operations maintain alignment with established laws, regulatory guidelines and marketing standards in both interactions and communications with healthcare professionals and consumers.

"This is a time of unprecedented demand for umbilical cord blood banking, and as the industry leader we recognize the critical need to conduct...

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Source: Medical Device Business Week (2007-01-24)

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