What is cord-blood banking?
Cord blood banking refers to the collection and storage of the umbilical cord blood of your child. This blood, from the placenta and umbilical cord, is rich in hematopoietic stem cells. Stem cells from this cord blood play an important role in the treatment of certain serious blood and immune system related genetic diseases such as cancers that are treated with bone marrow transplants.
Disclaimer: The above information is commonsense reflection drawn from general experience. If you are looking for expert medical advice, please consult your doctor.