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Capitalizing hope: the commercial development of umbilical cord blood stem cell banking

by: Paul Martin, Nik Brown, Andrew Turner
New Genetics and Society, Vol. 27, No. 2. (2008), pp. 127-143.


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The creation of commercial cord blood banks rests on the promise of stem cell based regenerative medicine and marks the capitalization of human tissues within a future-oriented regime of hope. This paper will present data from a survey of the international cord blood banking industry and will explore: (a) the way firms seek to commercialize cord blood as a new set of commodities; (b) the expectations and moral economy that are being constructed around this technology; and (c) how firms are acting as mediators of hope in what might be called a promissory bioeconomy.


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