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About NeoCells, Inc.
1. What is unique about NeoCells?
NeoCells is “America’s high quality yet affordable umbilical cord blood stem cell preservation company.” We have the most reasonable and affordable price, while providing the same quality assurance and the same rigorous scientific and regulatory laboratory controls and service as the considerably higher priced cord blood preservation companies. NeoCells and ViviCells, its parent company, is committed to the belief that cord blood stem cell preservation technology should be made available at an affordable cost to as many families as possible – not just to those for whom price is no deterrent. Unfortunately, many families who would like to have access to this service and who need this service cannot afford the prices of other high-cost private cord blood banks. NeoCells carefully controls its costs, and unlike the high-priced cord blood banks does not add in an unfair high profit margin, and does not inflate its price only to later offer client gifts and inducements to purchase in an effort to make a high price appear more palatable. NeoCells sets an affordable price and relies on volume due to the company’s exponential growth. NeoCells also distinguishes itself from most cord blood banking companies by using state-of-the-art processing and cryogenic freezing and storage technology which includes the AXP AutoXpress Platform and the Sepax Processing System which are functionally closed bag stem cell processing systems. These are the methods recommended by the FDA and the AABB due to research which has shown higher total mononuclear cell recovery averages* and higher yields for viable CD34+ cells. (*Averages range from 87%-97% vs. alternative manual methods which yield only 40%-80%). NeoCells further believes the decision to select the cord blood preservation company they would like to store their newborn’s stem cells with should rest with the child’s parents. As such, NeoCells also differs markedly from some of the other cord blood companies in that NeoCells does not make a practice of paying physicians and other health care providers to recommend the NeoCells cord blood preservation services.
2. Is NeoCells a financially stable company?
NeoCells, Inc. is the subsidiary of ViviCells International, Inc. and is a privately owned and well funded company, whose management spans forty years of experience in the health care industry, including proven pioneer management assembled from the cord blood stem cell field.
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