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Comment What my wife and I did (Score 4, Insightful) 409

A co-worker of my pointed me to a group that would collect the umbilical cord and blood for research use. It didn't cost a dime: they mailed us a little collection kit which we gave to the delivery room doctor, and he packaged everything up and mailed it. Now, granted, it's not earmarked for our kid's personal use. But it _is_ going towards stem cell research, which in my mind is a much more useful way to use cord blood at this juncture. Unless you have some family medical history for a condition that has a proven stem cell treatment, research is a good use for the cord blood, rather than spending a non-trivial amount of money renting freezer space. Unfortunately I don't have a website for the group we used: my co-worker gave me a pamphlet with a phone number on it. But I'm sure a quick search should turn up groups that will do free cord blood collecting for research, if you choose to go that route.

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