This morning I caught a little bit of the TODAY show before I left. It was a story about a 2-year-old boy with cerebral palsy. His mother had decided to save his placental blood, which was known to contain stem cells, just in case. The $2000+$120/year investmant payed off when the boy, Dallas, had the blood infused in an attempt to help treat his palsy. Five days after the infusion Dallas' major symptoms were almost non-existant, and doctors predict that he will be entirely cured by age seven. Part of the sucess is credited to the fact that the cells were an exact genetic match to Dallas. It is estimated that the placental blood contains 185 million stem cells, embryos contain only a few hundred.
Why would we spend so much money and effort on embryonic research when we can just store the placental blood? The storage is not yet covered by most insurance providers but with a bit more publicity it should be mainstream.
Here's a link to the story
http://today.msnbc.msn.com/id/23572206/