Since the establishment of Jiangsu Beike Bio-Technology Co., Ltd two years ago, it has seized the chance of stem cells industry and achieved sound economic and social benefits. So far, 20,000 pieces of stem cells of funicle and cord blood have been stored in Beike, among which 1,000 pieces were stored in this January and February.
In 2008, Jiangsu Beike Bio-Technology Co., Ltd was settled in China Medical City with an investment of RMB 100 million, which became the largest integrated bank of stem cells in Asia with storage of 1 million pieces. Song Yunqing, Technical Director of Beike, said that our human beings have paid more attention to the relationship between technology and health. Stem cell is called "Universal Cell" for its universal functions. Funicle and cord blood of the newborn are rich in stem cells, especially the mesenchymal stem cells contained in funicle can be used not only in hemopoiesis, but also in the treatment of over 100 diseases, such as cardiovascular diseases, cirrhosis, senile dementia and lupus erythematosus.
It is acknowledged that the stem cells bank of Beike is divided into two parts, the public part and the private part. The public part stores the stems cells from volunteers for free, which can be used by others. And the private part stores the stem cells form private families with certain charges. According to international practice, the stem cells can only be stored for 22 years, but longer in theory.