Cord Blood America Leases LV Building for Stem Cell Laboratory

Cord Blood America Leases LV Building for Stem Cell Laboratory

Cord Blood America, Inc, one of the largest umbilical cord blood stem cell preservation companies focused on bringing the life saving potential of stem cells to families nationwide and internationally, said today it has signed a lease for a 17,000 square foot building in Las Vegas, Nevada, for a state-of-the-art laboratory for the storage of multiple stem cell products including umbilical cord blood stem cells.

“This will be the largest stem cell laboratory and cryogenic storage facility in Nevada and one of the largest in the U.S.,” said Company founder and CEO Matthew Schissler. “The lab will first be used to process and store umbilical cord blood stem cells, with a target date to start processing in the fourth quarter of 2009. In 2010, CBAI intends to expand its cryogenic storage services to other forms of stem cells, including peripheral blood stem cell and adipose tissues.”

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