TORONTO, ONTARIO--(Marketwire - Aug. 15, 2012) - By demonstrating compliance with the NETCORD-FACT International Standards, Cells for Life, Cord Blood Institute Inc. has earned FACT Accreditation for Cord Blood Collection, Processing, and Release for Administration Related Allogeneic and Autologous Donations. NETCORD-FACT accreditation is considered the gold standard of quality, performance and integrity as defined by leading experts based on the latest knowledge in the field of cord blood banking.
"We sought FACT accreditation for our organization to reinforce our qualifications and position as a leader in Canada's cord blood banking field," says Dr. Elisabeth Semple, Scientific Director "In the evolving world of cellular therapy and stem cell transplantation, it is critical for healthcare professionals to trust the quality of cord blood stem cell units. This year alone, we have passed the Health Canada inspection, completed our fifth cycle of AABB Accreditation and now we have achieved FACT Accreditation, we are truly committed to quality."
"We are pleased that Cells for Life, Cord Blood Institute Inc. has met the requirements of the Foundation and has been granted accreditation for Family Cord Blood Banking," said Dr. Phyllis Warkentin, FACT Medical Director.
The accreditation process involved the submission of documentation to demonstrate compliance with the Standards and a subsequent on-site inspection conducted on February 23rd and 24th, 2012 by inspectors qualified by training and experience in cord blood banking. The inspection summary stated that "CFL is a comprehensive private cord blood bank with excellent leadership, dedicated and keen staff, and a comprehensive quality plan. The facility is modern and adequately spaced for the size of its operations."
In December 1994, the International Society for Cellular Therapy (ISCT) and the American Society for Blood and Marrow Transplantation (ASBMT) merged their Standards into a single document covering all aspects of hematopoietic cell therapy (collection, processing, and transplantation). The two societies established FACT in order to develop a voluntary Inspection and Accreditation Program based on the joint Standards. FACT promotes quality medical and laboratory practice of cellular therapy through its peer-developed standards and voluntary inspection and accreditation program.
In 2000, recognizing the global impact of cord blood banking and transplantation, FACT partnered with NetCord to develop international standards for cord blood collection, processing, testing, banking, selection and release. The NetCord foundation is an international network of non-profit public cord blood banks created to promote the establishment of high quality cord blood banks and improve the quality of cord blood products through study and research.
The FACT Inspection and Accreditation Program was developed by Dr. Phyllis Warkentin, FACT Medical Director, the FACT Directors and Officers, as well as the ISCT and ASBMT Regulatory and Standards Committees. The first edition of the NetCord-FACT Standards was published in 2000.
ABOUT CELLS FOR LIFE, CORD BLOOD INSTITUTE INC.
Cells for Life is one of largest cord blood companies in Canada and was founded in 1997 by medical professionals and continues to be managed by a professional team of doctors, scientists and registered nurses. Our Medical Director, Obstetrician Dr. Michael Virro is supported by clinical educators whom have extensive experience in labour, delivery and pediatrics. In addition, Cells for Life has developed strong, long term relationships with hospitals, clinics, medical and birthing professionals across Canada to maintain quality throughout the entire process.