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Cord blood is rich in stem cells, including blood-forming hematopoietic cells. These stem cells contain platelets, as well as red and white blood cells that can be used to treat diseases such as leukemia, certain cancers, sickle cell anemia, immune system disorders and others illnesses.
Source:
Cord Blood Registry: General Information
U.S. Department of Health and Human Services: Cord Blood Information
KidsHealth: Banking Your Newborn's Cord Blood
More Information:
March of Dimes: Umbilical Cord Blood
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