If you could get a magic wand which would protect your child from 80-odd diseases including thalassemia leukaemia sickle cell disease arthritis osteoporosis osteoarthritis and maybe even diabetes and heart disease in the future would you opt for it? This isn’t a fairy tale we’re talking about. Cord blood banking isn’t just a celeb fad anymore. As people are becoming more aware about its benefits the cost of Rs 50000 – Rs 80000 isn’t deterring people anymore. Why should I preserve my baby’s cord blood? In the 1970s researchers discovered that umbilical cord blood contains hemopoetic (blood forming) stem cells.