Chennai-based LifeCell, the pioneer stem cell repository in India, has announced plans to foray into the Middle East region. Dubai will be the 22nd centre for LifeCell.

The company will initially extend their services to reach one million Indians in UAE for umbilical cord stem cell banking. The cord blood collected from this region will be stored at LifeCell’s cord blood banking facility in Chennai.

Launched in November 2004, LifeCell’s 21,000 square feet state-of-the-art stem cell processing and banking facility in India conforms to the standards of American Association of Blood Banks and USFDA and has a capacity to store over one lakh samples. CRYO-CELL International, a global leader in stem cell banking, has also trained LifeCell’s technical team. LifeCell offers its services for a fixed and transparent price. The cost includes an enrollment fee of $975 and annual storage fee of $100 or a one-time fee of $1,950 for 21 years.

Cord blood stem cells have the potential to cure over 75 diseases and stem cell therapy has been used in treating various diseases like leukemia, thalassemia, anemia and other blood disorders.

Link [www.expresshealthcaremgmt.com/200701/market05.shtml]