Cryobanks International India, the leader in stem cell banking, is expanding its operations in India by opening its office in Srinagar today. Cryobanks International India, the only private/public cord blood stem cell bank India, have the state-of-the-art stem cell processing and banking facility in Gurgaon, Haryana. This facility provides complete, in-house processing and storage technology, licensed by Cryobanks International, Inc., USA. Cryobanks International India is the only bank in India which is approved by the regulatory authority to do public and private banking. Its “closed bag” collection method for harvesting cord blood stem cells greatly reduces the possibility of contamination of cord blood which is vital for success of stem cell therapy. People of Kashmir are very prone to cardiac ailments and diabetes the research on stem cell therapy for cure of mentioned diseases by stem cells is giving the positive signs said Mr. Ghazi Aasim, Marketing Head Cryobanks International India.

Cryobanks International India has a team of medical professionals who have been extensively trained, certified and educated in cord blood processing and Quality Assurance at Cryobanks International, Inc., U.S.A. Founded in 2006, Cryobanks International India is a Joint Venture between Cryobanks International Inc. USA and RJ Corp. Creating a landmark in the stem cell industry in India, the company has already enrolled more than 1000 expectant parents in just 10 months of operations. Cryobanks International, Inc. is a pioneer in collection, isolation, and storage technologies for cord blood stem cells is headquartered in Altamonte Springs, Florida.

“Operations in Srinagar will be offered through our professional team under the guidance of Dr Faisal Tramboo, M/S Patent care situated at Regal Chowk Srinagar” Mr. Aasim added.

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Cryobanks International India a JV between Cryobanks International Inc. USA and RJ Corp founded in 2006. Cryobanks International USA is a leader in the stem cell banking. Cryobanks International Inc. USA which was found in 1993 is leader in the collection, processing and banking of umbilical cord blood stem cells .Cryobanks International provides a Private Cord Blood Storage Program for families who wish to privately store their baby’s precious stem cells and a Public Cord Blood Donation Program for those who prefer to donate. Under the supervision of Mrs. Dhara Jaipuria as a Chairperson & able guidance of Dr. Naresh Trehan, one of the country's best-known cardiac surgeons, this joint venture has set up the first cord blood stem cell bank in North India, at the most modern, state-of-the-art facility in Gurgaon. It aims to become one of the largest cord blood stem cells bank and a highly specialized training centre in the field of cord blood banking. Cryobanks India will have special focus on research of stem cell transplants as a potential treatment for cardiac diseases.