Leading European cord blood bank selects CORDSAVINGS

FAMICORD, one of the top three leading cord blood banks in Europe and CORDSAVINGS, a biobanking operator entirely dedicated to neonatal stem cells, announce that they have concluded a long-term cooperation agreement with the aim of enabling clients of the FAMICORD international network to benefit from a processing and cryopreservation platform of cord blood in Switzerland, at the heart of Europe, which meets the highest standards and safety levels.

Equipped with all the necessary facilities and teams, the CORDSAVINGS laboratory is ideally located within the BioArk, the dedicated life sciences site of the prestigious Swiss foundation The Ark, and acts along with the most rigorous conditions also in terms of respect for bioethics regulations.

This collaboration will provide FAMICORD clients with full guarantee that their stem cell samples extracted from cord blood will be processed according to the highest Swiss biological and health standards with optimum operational continuity and stability.

Didier Nouziès, CEO of CORDSAVINGS stated: “We are very pleased with this absolutely unique partnership in this field. We know the main actors in cord blood cell banking across the world very well and FAMICORD stands out for the very professional services it provides for its family clientele. In addition, we have paid particular attention to its work with the Polish public health authorities (FAMICORD is the official operator for running the national Polish public cord blood bank): this is key in our eyes and represents the guarantee of an approach that conforms to CORDSAVINGS' ethical principles.”

Jakub Baran, CEO of FAMICORD stated:“We are extremely enthusiastic about the idea of collaborating with CORDSAVINGS. We were attracted by both the very high medico-technical standards practised by the Swiss CORDSAVINGS laboratory team and by their absolutely unprecedented methodology for bringing the general interest and individual freedom closer together. A stepping stone between family storage and public donation was essential to build, CORDSAVINGS offers a simple yet elegant solution.”

About CORDSAVINGS:
CORDSAVINGS is a biobank dedicated to neonatal stem cells resulting from childbirth. Its methodology is unique as it combines biological and financial savings and establishes a link between family and public storage approaches. The company has been based in Monthey since 2012 and operates from the laboratory facilities within the BioArk, the armed wing of the Canton of Valais and The Ark foundation in life sciences.