Committee on establishing a national cord blood stem cell bank program ethical and legal issues in committee on establishing a national cord blood stem cell bank programmeyer ea hanna k gebbie c editors cord blood establishing a national cord blood stem cell bank program washington dc the national academy press 2005. Ethical and legal issues raised by cord blood banking the challenges of the new bioeconomy cord blood banking raises ethical and legal issues which highlight the need for careful regulatory approaches to the emerging bioeconomy arguably because of its non commercial focus we argue that a public bank works just like a charitable . Additional claims have been made by commercial cord blood banks for the use of cord blood as a treatment for a variety of other conditions that currently have little practical foundation this is one of a number of ethical issues relating to cord blood banking that requires consideration. E discuss the option of private banking of umbilical cord blood when there is a family predisposition to a condition for which umbilical cord stem cells are therapeutically indicated f continue to monitor ongoing research into the safety and effectiveness of various methods of cord blood collection and use ama principles of medical ethics
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