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Stem cell banking is the process of collecting, processing, and cryogenically preserving stem cells from sources like umbilical cord blood, cord tissue, and adult tissues for potential future therapeutic use. This service, often termed a biological insurance policy, plays an increasingly crucial role in regenerative medicine, offering potential treatments for a wide array of conditions from blood cancers like leukemia and lymphoma to genetic disorders and potential future applications in neurological and autoimmune diseases. Its importance is underscored by the growing arsenal of stem cell-based therapies entering clinical practice.
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