A press release from the people at Cord Blood America, Inc. announces that they will begin an umbilical cord blood banking operation in Greece. The program will be a partnership between the self-proclaimed "umbilical cord stem cell preservation company" and a Greek company, identified as a.bourkas Co. United, Athens.
A spokesperson for CBAI states:
"This is our first venture in the international stem cell market and we are confident the global distribution model we will develop in Greece will prove useful elsewhere in the world, as the extraordinary wisdom of banking umbilical cord blood cells continues to spread among families all across the globe. Testing sales and marketing patterns through the distributor model in Greece is a logical step for Cord Blood America. We hope to draw conclusions from this that will lead to further international business development initiatives."
Looks like stem cell research and cord blood banking continues to grow as an international industry. If youd like to read more of what the folks at CBAI have to say, you can read the original press release, in its entirety, here.
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