Idant Laboratories Signs a Corporate Blood Banking Contract With Rotenberg, Meril, Solomon, Bertiger & Guttilla for Individuals to Store Their Own Frozen Blood for up to 10 Years
NEW YORK, NY--(Marketwire - February 12, 2010) - Idant Laboratories, a subsidiary of the
medical instrumentation and biotechnology company Daxor Corporation (NYSE Amex: DXR), today announced that it received a blood banking contract from
Rotenberg, Meril, Solomon, Bertiger & Guttilla (RMSB&G). The contract
provides for eligible employees of RMSB&G to store 2 units of their own
(autologous) frozen blood for future use. RMSB&G is one of the top 25
accounting firms in New Jersey, and currently employs approximately 60
There are benefits for individuals who elect to store autologous blood in
advance of a scheduled surgery: in the event that there is considerable
blood loss during surgery, the patient can be transfused with his/her own
previously banked blood. This minimizes the risk of exposure to infectious
disease, which is a potential risk whenever volunteer blood is used in
transfusions. It also guarantees that the transfused blood type will
always match, and minimizes the risk of allergic reactions. Moreover, if
an unanticipated medical or surgical situation arises which requires a
transfusion, patients who have previously banked blood will be able to
receive their own blood. In case of emergency, Idant Laboratories is able
to thaw and ship autologous blood for delivery to clients throughout the
United States within 4-24 hours of the initial request, depending on their
location. Blood storage clients will also have the option to engage in
'directed donation', in which they bank their own blood for use by a friend
or family member of matching blood type who is scheduled for surgery.
Idant Laboratories uses a special cyropreservative to freeze autologous
blood at -80 °C. Blood which has been frozen in this manner retains
critical enzymes which are needed for effective transport of oxygen
throughout the circulatory system and remains viable for up to 10 years.
In contrast, blood stored by refrigeration shows some deterioration after
two weeks. However, refrigerated blood can be legally used for transfusion
for up to 42 days after collection. Recent studies have shown higher rates
of mortality and complications associated with use of refrigerated blood
that has undergone prolonged refrigerated storage. Individuals who store
their own frozen blood for possible future use do not face these risks.
Mr. Neal Rotenberg, C.P.A., a co-founder and managing partner at RMSB&G,
said, "In an era of increasing healthcare costs, we believe that it is very
important for individuals to accept responsibility for their own healthcare
whenever possible. We are very pleased to be able to offer blood banking
insurance for our own employees in the event of an unanticipated problem.
It is obvious to me that the safest blood for a transfusion is one's own."
Idant Laboratories initiated the first personal frozen blood storage
program in the U.S. in 1985. It also began a semen banking program in
1971, which makes it the oldest public semen bank in the U.S. For more
information regarding Idant Laboratories' Blood Banking Services or other
programs, please visit our website at www.idant.com.