As a consortium, members aim to make cord blood stem cell banking not only accessible, but affordable and useful to the respective community of expectant parents worldwide who wish to take advantage of what this new medical technology has to offer.

The Consortium’s Objectives:

1. To be primary providers of quality cord blood stem cell banking services;
2. To provide culturally appropriate, relevant and accessible services to diverse groups of parents throughout the region;
3. Empower positive change and continuous improvement for cord blood banks;
4. Promote the benefits of cord blood stem cells to health professionals and parents in the community;
5. Highlight cord blood stem cell transplantation and the benefits of cord blood stem cells to family associations;
6. Elevate the significance of cord blood stem cell banking to government, business, non-government and families.

The Consortium’s Resolution:

APCBBC members agree to uphold recognition standards of Ethical Standards of Practice (ESP), in areas of practice, integrity and confidentiality in each organization towards the public and industry players. The objective of ESP is to create an environment for leading cord blood banks in Asia Pacific to support each other in line with APCBBC’s mission to serve the community better.

Ethical Standards of Practice (ESP)

Practice

1. Responsibilities to Consortium. Consortium members shall strive to fulfill the mission upheld by APCBBC by active contribution and participation in consortium.
   
2. Integrity of Profession. Consortium members shall work towards maintaining and promoting high standards of practice in the industry by upholding and advancing the values, ethics and knowledge of the profession. Each member has the responsibility to develop their own skills and performance to be at par with industry leaders.
   
3. Use of Accepted Standards. Consortium members shall conduct all practices (dissemination of information, harvesting procedure, lab processing, transport of stem cell unit, storage) according to approved international standards.

Integrity

1. Integrity of Information. Consortium members shall not, in verbal or written form, provide false information, be it regarding their own company, achievements or results.
   
2. False Accusations. Consortium members shall be careful not to falsely or unjustly accuse, demean or criticize other members and industry players.
   
3. Unbiased Attitude. Consortium members shall treat each other with respect, dignity and without any bias.

Confidentiality

1. Release of Confidential Information. Consortium members shall not release confidential data shared by other members during meeting and presentation of APCBBC, to any party outside consortium.
   
2. Personal Use of Information. Consortium members shall not use information gained from APCBBC for personal gain or where it may cause conflict of interest or where it may harm the other consortium members.

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