Umbilical Cord Blood Banking?

Posted by kdawson on Tuesday January 27, 2009 @10:07PM from the banking-on-future-research dept.

Maestro writes "There must be many parents (and soon-to-be parents) here at Slashdot. What are your thoughts on umbilical cord blood banking? This seems like a major question for our newborn; the question is almost as stressful for us as naming the baby. Given Obama's stance on stem cells, the topic is timely. My understanding is that while the current uses for cord blood are limited, the sky's the limit for the future of stem cell therapies. But with the initial cost over $1000, and ongoing yearly fees, is it worth it?"

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Re:useless in 10 years by mh1997 · 2009-01-28 01:58 · Score: 1, Offtopic

Saving lives is nice and fuzzy and all that, but selling to people with _money_ is a lot more appealing to drug corporations.
That's because all their greedy employees like to get paid. I had a friend (a doctor no less) that worked at Cook Pharmica in Bloomington. As soon as I found out that he accepted payment for his work, I dropped him. I told him it was about saving lives, and to fu$k his family and their "need" for food.