LifebankUSA

Founded in 1998, New Jersey-based LifebankUSA offers both private banking and public donation storage. The bank provides additional storage options for the placenta, which increases the amount of stem cells collected during processing.

History and Leadership

  • 1998: LifebankUSA was established.
  • 2002: The company was acquired by a pharmaceutical company, Celgene, and became a business unit known as Celgene Cellular Therapeutics (CCT).
  • 2017: CCT spun out from Celgene to become the independent cellular therapy company Celularity. LifeBankUSA continues to operate as a subsidiary.

Fast Facts

  • Clinical Use: LifebankUSA released 100 cord blood units, of which 46 have been used in transplants.
  • Placental Cell Pioneer: LifebankUSA is the first company to report a successful transplant using placenta-derived cord blood stem cells
  • Research: Using placenta and umbilical cord stem cells to find new treatment methods for dangerous conditions, like Crohn’s disease and peripheral artery disease

Collection, Processing, and Storage

Collection and Transport

  • Anticoagulant: CPD (citrate phosphate dextrose), a standard anticoagulant, is in its collection bag.
  • Collection Kit: LifebankUSA provides a collection kit to all donor families, which includes a Chloraprep disinfectant for cleaning the umbilical cord before processing. The kit maintains room temperature for several hours.
  • Transport Logistics: A medical courier service transports the collected unit to the lab.

Stem Cell Processing

LifebankUSA uses Hetastarch (HES), an industry standard for processing the cord blood. Separate storage bags are used to process umbilical cord blood and placenta stem cells.

Storage Bag

LifebankUSA uses a 2-compartment storage bag for cryopreservation.

Pricing

  • Cord blood collection, processing, and first-year storage fees (umbilical cord only) – $1274
    • Annual storage fee: $199
  • Cord blood collection, placental blood, and tissue, processing, fees, and first-year storage fees (umbilical cord and tissue) – $3024
    • Annual storage fee: $449

Licensure and Accreditations

LifeBankUSA is committed to meeting stringent quality standards and is registered and accredited by leading industry bodies.

  • FDA-registered (U.S. Food and Drug Administration)
  • AABB-accredited (American Association for Blood Banks)

Contact Information

Address:
170 Park Avenue
Florham, NJ 07932

United States

Phone Number:
877–543–3226