Biobn - Bio Business Networks - Friday Oct 25 2002 -
[Cached Version]
Published on: 2/3/2002
Last Visited: 10/25/2002
They have pioneered cord blood banking as a source of readily available stem cells for bone marrow rescue transplants and are the model for the rest of the world's cord blood banks," said Dan Segal, Vice President, Sales & Marketing of ThermoGenesis Corp.
The BioArchive System is used to process, cryopreserve and archive up to 3,626 blood and blood component units.BioArchive Systems have also been chosen by the major cord blood stem cell banks in Japan, China, Taiwan, Vietnam, So.Korea, Malaysia, Germany, Spain, Finland, U.K., Belgium, France, Mexico, India, and Israel as well as in the U.S.A. pursuant to Investigational New Drug ("IND") regulations.The BioArchive System is the international choice for processing and archiving cryopreserved cord blood.
Mr. Segal added, "Cord blood may provide a source of stem cells for tissue regeneration cell therapy unencumbered by the ethical issues involved with harvesting stem cells from embryos or fetuses.We believe our BioArchive Systems position us well in the growing cell therapy market."
Regulatory Status
The BioArchive System is a Class II blood and blood component freezer exempt from the pre-market notification procedures.The BioArchive System has potential applications involving archiving, storing, managing and retrieving other kinds of biological specimens, that may include stem cells, dendritic cells, T-cells, cell lines, sperm cells, eggs, heart valves, corneas, virus samples, biopsy samples and other blood, tissue and saliva samples.