IRVINE, Calif., Aug 9, 2021 – HealthBanks Biotech, Inc. (“HealthBanks” or the “Company”), a premium U.S. stem cell and immune cell bank headquartered in Irvine, CA, today announces the launch of its newest cord blood banking membership plans and prices.

The Company’s latest cord blood banking plans starts at only $19.99 per month for storage, with a one-time $99 processing and set up fee. This plan and price are only available online on the Company’s website. The Company also offers a full line of newborn’s cord tissue, and cord tissue-derived mesenchymal stem cell (MSC), and adult immune cell banking service plans for clients to select from. HealthBanks operates its own U.S. FDA, CLIA and AABB accredited cell processing facility in Irvine, California.

In addition to the newly introduced cord blood banking price, HealthBanks offers an additional 30% off adult immune cell banking service to direct family members, to provide the entire family with a full-coverage of “biological insurance”.

HealthBanks is one of the only two cord blood banks in the U.S. that stores purified mesenchymal stem cells from cord tissue, and is currently the only bank in the U.S. that offers GMP-compliant adult immune cell banking service for adult clients.

To date, cord blood has been used to treat more than 80 different diseases. However, cord blood banking has always been thought to be expensive and not affordable to many of the ordinary families. Historically, it would cost $1000-2000 for the processing and set up fees and $175-300 for the annual maintenance cost. The cost of the cord blood banking service has dropped steadily over the past five years. HealthBanks’ new cord blood banking membership price will make this service accessible to many of the ordinary families. At $19.99 per month, which is roughly the cost of saving one cup of Starbucks coffer per week, the family can have long-term biological assurance and be able to benefit from the fast medical advancement in the cell and gene therapy field.

HealthBanks and its affiliated companies, has been in the forefront of innovative technologies and leading pioneers in the cell banking industry. In 2008, HealthBanks was the first cord blood bank in the world to introduce cord tissue banking, now a common service adopted by all cord blood banks worldwide. In 2019, HealthBanks is the first in the world to introduce GMP-compliant banking service of adult immune cells, which can be utilized in future applications for CAR-T cell therapy and other immunotherapies for cancer. HealthBanks continued to make great strides in the fast-growing cell banking industry – and pride to be the first and only cell bank to offer comprehensive cell banking service of newborn’s cord blood, cord tissue, cord tissue derived MSC, and adult immune cells in the U.S.

Partnered with our sister company, ThermoGenesis Holdings, Inc. (Nasdaq:THMO),  the world’s leading provider of automated cell processing technologies for the cell banking industry, HealthBanks is equipped with a large amount of proprietary and automated cell processing technologies. Worth mentioning, HealthBanks is the only U.S. private banks that uses the No.1 ranked BioArchive® smart robotic cryostorage system for its clients. BioArchive® is designed to handle and track sample individually with robotic arm, therefore prevent the trans-warming effect (TWE) which can reduce long-term cell viabilities. Premium U.S. public banks, including New York Blood Center, Cleveland Clinic, North Carolina Cord Blood Bank (from Duke), and M.D. Anderson, have been using BioArchive® to store FDA BLA-approved cord blood units. Other than the above four prestigious public banks, HealthBanks currently is the only private bank in the U.S. that uses BioArchive® for its high end clients. 

As HealthBanks continues to celebrate its 20-year anniversary in the cell banking industry, its newest debuted online cord blood banking plans and prices are just another testimorny of the Company’s mission, which is “to ensure the future benefit of cell and gene therapy to everyone in need”, says Dr. Chris Xu, HealthBanks’ Chairman and Co-founder.

For further details regarding HealthBanks’ comprehensive cell banking services, visit www.healthbanks.us.

 About HealthBanks Biotech, Inc.

HealthBanks, headquartered in Irvine, CA, is one of the most extensive leading stem cell and immune cell banking networks in the world and offers services globally through itself and its affiliated companies located in the United States and other regions of the world. HealthBanks is accredited by the U.S. FDA, AABB, CLIA, and ISO. HealthBanks Biotech, Inc. was originally founded in 2001 with a vision that stem cells and other cell-based therapies will be the next pillar in medicine and transform the future of health. For more information about HealthBanks, please visit: www.healthbanks.us.

 

Company Contact:
Gloria Chen
949-379-5248
ir@healthbanks.us

Media Contact:
Meg Prejzner, Hackett Brand Consulting
773-879-4787
meg@hackettbrand.com