LOS ANGELES, April 11 /PRNewswire-FirstCall/ -- Cord Blood America, Inc. (OTC Bulletin Board: CBAI), the umbilical cord blood stem cell preservation company (http://www.cordblood-america.com) focused on bringing the life saving potential of stem cells to families nationwide and internationally, today said Pennsylvania has joined New York and California in passing a law designed to educate pregnant women about the potential benefits of umbilical cord blood banking. The bill was signed by Governor Edward G. Rendell.
Cord Blood America, in its acquisition of CorCell, has strong relationships in both Philadelphia and Pittsburgh with health insurers and the medical community. CorCell's sales and marketing are based in Philadelphia.
"It is so important that families be informed about the benefits of umbilical cord blood storage, which is safe, non-controversial and is already used to treat more than 70 serious diseases, including various blood cancers such as leukemia, lymphoma and myelomas such as Hodgkin's Disease, and blood diseases including anemia and immune deficient disorders," said Matthew Schissler, CEO, Cord Blood America.
"We salute Pennsylvania for joining New York and California in taking the lead in providing solid, reliable information to potential new parents and believe this trend will continue in many more states," Mr. Schissler said.
About Cord Blood America
Cord Blood America (OTC Bulletin Board: CBAI) is the parent company of CorCell, which facilitates umbilical cord blood stem cell preservation for expectant parents and their children. Its mission is to be the most respected stem cell preservation company in the industry. Collected through a safe and non-invasive process, cord blood stem cells offer a powerful and potentially life-saving resource for treating a growing number of ailments, including cancer, leukemia, blood, and immune disorders. To find out more about Cord Blood America, Inc. (OTC Bulletin Board: CBAI), visit our website at http://www.corcell.com. For investor information, visit http://www.cordblood-america.com.
SOURCE Cord Blood America, Inc.