FACT (Foundation for the Accreditation of Cellular Therapy) establishes and promotes the highest standards for quality patient care and laboratory performance in the belief that a valid accreditation should assess both clinical and laboratory aspects. The NetCord foundation is an international network of non-profit public cord blood banks created to promote the establishment of high quality cord blood banks and improve the quality of cord blood products through study and research.
Recognising the global impact of cord blood banking and transplantation, FACT partnered with NetCord in 2000 to develop international standards for cord blood collection, processing, testing, banking, selection and release. Until today, FACT-NetCord is the most prestigious accreditating organisation specifically for cord blood banks.