Cryo­Save SA earns AABB credit

The New Age (Gauteng) - - BUSINESS - THELMA NGOMA thel­man@the­

HAV­ING stored over 310000 um­bil­i­cal cord blood stem cells lo­cally – and in Europe since 2 000 – stem cell bank Cryo-Save South Africa has re­ceived the ac­claimed AABB ac­cred­i­ta­tion.

AABB, for­merly known as the Amer­i­can As­so­ci­a­tion of Blood Banks, is an in­ter­na­tional non­profit as­so­ci­a­tion rep­re­sent­ing in­di­vid­u­als and in­sti­tu­tions in­volved in the field of trans­fu­sion medicine and cel­lu­lar ther­a­pies.

Ac­cred­i­ta­tion by the as­so­ci­a­tion fol­lows an in­ten­sive on-site as­sess­ment by spe­cially trained as­ses­sors who es­tab­lish that the level of tech­ni­cal and ad­min­is­tra­tive per­for­mance within the fa­cil­ity meets the stan­dard set by the as­so­ci­a­tion.

The fa­cil­ity now joins sim­i­lar fa­cil­i­ties from the US and around the world that have also earned the ac­cred­i­ta­tion.

With no pub­lic stem cell bank in Africa, the Cryo-Save lab­o­ra­tory pro­vides ac­cess to pri­vate stem cell pro­cess­ing and stor­age ser­vices in South­ern Africa.

Cryo-Save South Africa, which is part of the JSE­listed fi­nan­cial ser­vices group, Ec­spo­nent, is re­spon­si­ble for the col­lec­tion, pro­cess­ing and stor­age of um­bil­i­cal cord stem cells for both Cry­oSave and salveo biotech­nol­ogy.

Hae­matopoi­etic – or blood stem – cells found in the um­bil­i­cal blood are used to treat dis­eases such as bone mar­row fail­ure, leukaemia, lym­phoma and other types of blood can­cers and hered­i­tary blood dis­or­ders.

These stem cells are col­lected at birth in a quick, pain­less and non-in­va­sive pro­ce­dure from what was once con­sid­ered to be med­i­cal waste.

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