Colorado Receives Federal Monies to Expand Cord Blood Banking

According a Denver CBS television affiliate, the government is giving the Rocky Mountain state a one million dollar grant to assist in the expansion of its inventory of umbilical cord blood.

The money is part of a twelve million dollar effort to give six different banks more funding. The United State Department of Health and Human Services wants to help the University of Colorado's bank nearly double its cord blood inventory.

The story states, "The need for Hispanic, Asian and African-American cord blood is considered critical and the grant includes guidelines for collecting it from minority populations. Brian Freed, a professor of medicine at the CU medical school, said there will be a special emphasis on Hispanic donors in Colorado."

You can read the original source material here.