Cord Blood Registry Files Suit Against ViaCell, Viacord

Cbr Systems (Cord Blood Registry), a provider of services for the storing and processing of newborn cord blood stem cells, announced that it has filed a complaint against ViaCell and its wholly owned subsidiary Viacord for false and misleading advertising and related unlawful conduct. The complaint, filed on Feb. 25 in the Federal District Court in San Francisco, alleges that ViaCell and Viacord have disseminated and continue to disseminate false and misleading advertising to the public in an effort to promote their umbilical cord blood stem cell preservation services.

PR Newswire (http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=109&STORY=/www/story/03-02-2005/0003112889&EDATE=)