Cord Blood America (CBAI.OB) Announces Pennsylvania will educate Its Residents on the Benefits of Umbilical Cord Blood Storage
Cord Blood America, Inc. (CBAI.OB) announced that Pennsylvania is the third state to pass a law focused on educating pregnant women and families on the benefits of umbilical cord blood storage. Pennsylvania’s Governor Edward G. Rendell signed House Bill 874 into law last week. The law will take effect in about 60 days. In May 2007, Cord Blood America acquired CorCell, whose sales and marketing groups are headquartered in Philadelphia. During the process of acquiring the fourth largest umbilical cord bank in the U.S., Cord Blood America was able to establish strong relationships with state health insurers and the local…