Biohellenika today received the FACT accreditation
ASample News Release for Cord Blood Bank Program Accreditation
Contact: Biohellenika SA
Biotechnology Company
Georgikis Scholis 65 Av.
Zip:57001
Thessaloniki Greece
BIOHELLENIKA
AWARDED FACT ACCREDITATION
Thessaloniki Greece, 7/16/2025
By demonstrating compliance with the NETCORD-FACT International Standards for Cord Blood Collection, Processing, Testing, Banking, Selection and Release, Biohellenika has earned FACT Accreditation for cord blood stem cells cryopreservation. NETCORD-FACT Standards are defined by leading experts based on the latest knowledge of the field of cord blood banking. Biohellenika has been found to be in compliance with these rigorous Standards as well as governmental regulations.
“We endeavored to achieve accreditation for our organization because FACT accreditation has evolved into an all-but-necessary qualification to be accepted and competitive in the field of cellular therapy,” says Biohellenika’s SA CEO Prof George Koliakos. “Accreditation by FACT is used by physicians for referral and by insurance companies for reimbursement.We believe FACT Accreditation will make patients aware that our facility strives to achieve the highest quality care for cord blood bank programs. ”
FACT conducted an on-site evaluation of Biohellenika on November 2024. The accreditation process involved the submission of documentation to demonstrate compliance with the Standards and a subsequent on-site inspection conducted by inspectors qualified by training and experience in cord blood banking.
About Biohellenika
Biohellenika, in its 19th year of operation, is proud to have created one of the highest quality stem cell laboratories in the world. Today, 16/7/2025,
it received international accreditation from the FACT Organization and since 2010 it has been accredited by the international AABB Organization.
private laboratory in the world, which is in the USA, has
both certifications at the same time and Biohellenika is one of two
private European laboratories that have FACT accreditation.
In our country, FACT accreditation is a requirement of the law and today all laboratories that have not received accreditation within the deadline are operating illegally.
For this reason, parents should request FACT accreditation from the laboratories to choose a stem cells bank, because this accreditation provides
access of use their stem cells in Greek and foreign public or private Transplant Centers.
Biohellenika has the appropriately trained staff and equipment to meet international standards, which enable parents to make the best investment in their children's future
ABOUT FACT
In December 1994, the International Society for Cellular Therapy (ISCT) and the American Society for Blood and Marrow Transplantation (ASBMT) merged their Standards into a single document covering all aspects of hematopoietic cell therapy (collection, processing, and transplantation). The two societies established FACT in order to develop a voluntary Inspection and Accreditation Program based on the joint Standards. FACT promotes quality medical and laboratory practice of cellular therapy through its peer-developed standards and voluntary inspection and accreditation program.
In 2000, recognizing the global impact of cord blood banking and transplantation, FACT partnered with NetCord to develop international standards for cord blood collection, processing, testing, banking, selection and release. 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.
The FACT Inspection and Accreditation Program was developed by Dr. Phyllis Warkentin, FACT Medical Director, the FACT Directors and Officers, as well as the ISCT and ASBMT Regulatory and Standards Committees. The first edition of the NetCord-FACT Standards was published in 2000.