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Cord blood contains all the normal elements of blood-red blood cells, white blood cells, platelets and plasma. But it is also rich in hematopoietic (blood-forming) stem cells, similar to those found in bone marrow. This is why cord blood can be used for transplantation as an alternative to bone marrow.
Potential advantages of cord blood: Stem cells from umbilical cord blood are hematopoetic stem cells (like adult bone marrow stem cells), meaning that they make blood cells. Receiving a cord blood transplant is similar to receiving a bone marrow transplant. The cord blood is removed from the umbilical cord and the placenta soon after a baby is born.