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Discuss the ethical and social concerns involved in Cord blood banking.

Topic:  Awareness in the fields of IT, Space, Computers, robotics, nano-technology, biotechnology and issues relating to intellectual property rights. determinants and consequences of Ethics in-human actions.

7. Discuss the ethical and social concerns involved in Cord blood banking. (250 words)

Reference:   The Hindu

Why this question:

Poona Citizen Doctor Forum (PCDF), a body that aims to rebuild trust among citizens and doctors, and promote ethical rational medical practice, has come forward to bust the aggressively promoted concept of cord blood banking.

Key demand of the question:

The answer must discuss the ethical and social concerns involved in Cord blood banking.

Directive:

Discuss – This is an all-encompassing directive – you have to debate on paper by going through the details of the issues concerned by examining each one of them. You have to give reasons for both for and against arguments.

Structure of the answer:

Introduction:

Briefly define what cord blood banking is.

Body:

Cord blood (short for umbilical cord blood) is the blood that remains in the umbilical cord and placenta post-delivery. It contains special cells called hematopoietic stem cells that can be used to treat some types of diseases.

Discuss what the issues are with cord blood banking.

Over the past decade, stem cell banking has been aggressively marketed even as its use is still in experimental stages. But these companies charge enormous fees from parents to preserve cells.

Bring out the ethical concerns involved in detail.

Conclusion:

Suggest ways to address the ethical concerns involved and assert upon the need to have policies and frameworks to regulate them.