| Criteria | Cordlife | Stemcord |
| 1. Establishment Year | 2001 | 2002 |
| 2. Corporate Profile | Founded by medical practitioner: Dr Fang Boon Sing | Founded by medical practitioners: Dr Teo Cheng Peng Dr Ang Peng Tiam Dr Leong See Odd |
| 3. Accreditation 1 | Licensed and audited by Singapore's Ministry of Health. | Licensed and audited by Singapore's Ministry of Health. |
| 4. Accreditation 2 | AABB (American Association of Blood Banks) | FACT-NetCord (Foundation for the Accreditation of Cellular Therapy and NetCord) |
| 5. Track record | Yes | Not Sure # |
| 6. Pricing | @ See separate Table below | @ See separate Table below |
| 7. Other | -Systematic and Informative Presentation : The full process from obtaining the cord to storing with Cordlife - Shows the difference between using Cord blood and Bone marrow transfusion -Supplement with CD ROM -Gives some real-life example of how Cordlife save individual lives. | - Provide checklist in brochure - Shows how USA and other developed countries make use stemcells - Store cells in 2 different location |
| 8. Informativeness ? | Good | Satisfactory |
| 9. Ability to answer questions during seminar | Satisfactory | Below Satisfactory # |
| 10. Allow visit to the labs ? | Not sure - yet to ask | Not sure - yet to ask |
Note:
@ Cordlife works on 21-year plan package while Stemcord works on 5-year plan package.
Cordlife manage to answer 1 question due to time constraints while Stemcord answered more than 1.
# Despite asking for statistics on how many patients/customers Stemcord have helped, the speaker seemed not to answer the question directly.
Seminar date attended for Stemcord and Cordlife: 24 September 2011 and 8 October 2011 respectively.
Base on the above data, I concluded:
- Cordlife is more established, but Stemcord provides 2 storage locations.
- Cordlife provides 21-year plan package - suitable for parents who wants 'full coverage' while Stemcord provides 5-year plan and subsequently yearly payment - suitable for parents who prefers a 'wait and see attitude'.
So, which one have you chosen?
From I see, both are commercial organisations who is seeking profitable growth in their business while providing insurance (as some called it "bio-insurance" - think: insurance policies that you bought from the various companies). Depending on what you want, you choose the coverage and premium that you want to pay.
Hmm.
Cordlife Pricelist 2011
Stemcord Pricelist 2011
Update II: 16 Nov 2011
Update III: 19 April 2013
Hi
ReplyDeleteNice comparison between Stemcord and Cordlife.
Actually storage in 2 locations is a liability as when you need the transplant, you need both samples as one sample is insufficient. Thus, with two locations, there is a higher risk than one of the location may have fire or damage.
You can read more here:
http://parenting-talk.blogspot.com/2012/03/which-is-better-cordlife-vs-stemcord.html
Regards
Parenting Talk blog
Sorry for the delayed response. I didn't really expect any comment from anyone. I have been really busy. Work-baby-Sleep...pretty much this cycle. Thanks for the link :) Yes, Cord Life IPO did cause some "commotion"...So did you manage to get some cord life shares? =}
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