Cord Blood Banking Legal Note: Cord Blood Registry Sues Viacell
The lawsuit contends that Viacord has made false statements regarding their pricing and consumer guarantees. Cord Blood Registry also maintains the company made "unsubstantiated claims" regarding their stem cell recovery rates.
As the cord blood banking industry grows, I would guess we can expect more legal wrangling between the players. It is a competitive field and one where all participants are certain to want to maintain a strong foothold on their portion of the umbilical cord blood turf.
The article I found discussing the suit also mentions a September 2004 case involving Cord Blood Registry and PharmaStem Therapeutics.
You can read it here.
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