IBC/CorCell Sibling Program began in 2004: The Sibling Donor Cord Blood Program also is supported by Independence Blue Cross, which has a majority ownership interest in CorCell, Inc. "Independence Blue Cross has long offered our members access to CorCell and the potentially life-saving service it offers to preserve a baby's umbilical cord blood," said G. Fred DiBona, Jr., President and CEO of IBC. "With the implementation of its national sibling donor program, CorCell expands its service to parents who may have a child facing a life-threatening illness, but could not afford to save this precious resource. It's truly an invaluable service."
"In situations like these, no family should be without the ability to treat a life-threatening disease because of financial reasons," said Marcia Laleman, President and CEO of CorCell. "Our Sibling Donor Cord Blood Program offers the chance for treatment with a simple, safe and effective collection, testing and storage process. It's a gift that can potentially provide life- saving treatment - and that's what's important to CorCell."
CorCell waives its usual fee of $1,350 and the cost of the first 5 years of storage to provide this program at no cost to a mother who will give birth in the U.S. and already has a child with a condition which may require allogeneic stem cell transplantation. The expected child must be a full sibling of the child who might benefit from a transplant. http://www.thefreelibrary.com/CorCell,+Inc.+Announces+New+Sibling+Donor+Cord+Blood+Program.-a0113472318
The value of the "free for a family storage", maybe in the contract, is it possible that CBAI has the right to use the leftover stem cells in research, which could prove to be worth a lot more in the long run?
Market Data 
Markets 
AI
