Strategic Stocks To Watch CORD BLOOD AMERICA INCORPORATED (OTCBB: CBAI)
Up 21.15% on Tuesday
Cord Blood America is the parent company of CorCell, which facilitates umbilical cord blood stem cell preservation for expectant parents and their children. Its mission is to be the most respected stem cell preservation company in the industry. Collected through a safe and non-invasive process, cord blood stem cells offer a powerful and potentially life-saving resource for treating a growing number of ailments, including cancer, leukemia, blood, and immune disorders.
CBAI News:
January 24 – Breakthrough Therapy Using Cord Blood (CBAI) Banking Driving Stem Cell Industry
01-25-12 Strategic Stocks To Watch CORD BLOOD AMERICA INCORPORATED (OTCBB: CBAI)
Five Star Equities Provides Stock Research on Cord Blood America & Aastrom Biosciences
Given some positive trends, the stem cell market could be set to skyrocket this year. A recent report from Kalorama Information titled “Worldwide Markets for Transplantation, Cord Blood Banking and Drug Development,” estimates that the market for stem cell technologies will rise to over $700 million this year and could reach over $1 billion. Five Star Equities examines the outlook for companies in the Biotechnology industry and provides equity research on Cord Blood America Inc. (OTCBB: CBAI) and Aastrom Biosciences Inc. (NASDAQ: ASTM).
Kalorama finds that cell therapies are largely confined to a few conditions. Oncological conditions such as leukemia, multiple myeloma and non-Hodgkins lymphoma are some of the most popular areas of research, although certain non-cancerous diseases like aplastic anemia, immunodeficiency and lupus are also increasingly addressed with stem cells.
Kalorama finds that cord blood banking is a source of revenue growth in the stem cell market. U.S. researchers are currently undergoing a phase I safety study using a child’s umbilical cord blood stem cells to try to restore hearing loss. “This study is exciting because it might offer a non-surgical option for some children with profound hearing loss,” explains Dr. James Baumgartner, sponsor of the study and guest research collaborator at The University of Texas Health Science Center at Houston Medical School.
Stem cells from umbilical cords do not pose an ethical dilemma because the cells come from a source that would otherwise be discarded, Science Daily reports. Recent studies suggest that stem cells from umbilical cords have been converted into other types of cells, which may eventually lead to new treatment options for nervous system diseases. “This is the first time this has been done with non-embryonic stem cells,” says James Hickman, a University of Central Florida bioengineer and leader of the research group.
If you find our information valuable, Subscribe to Strategic Stocks and Penny Stocks RSS Feed by e-mail, to Receive our Updates INSTANTLY, and share this post/page with your friends and followers with use of the Social Buttons.
Like all investment strategies, trading in stocks involves risk and volatility. Past performance is not an indication of future results. Actual results will be based on a consumer’s individual purchase and sale decisions.
Please read our Disclaimer regards to CBAI or any company reviewed or blogged about at Strategic Penny Stocks.
