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We currently have enough clients that the annual storage fees paid in more than cover the costs of our repository. We are actively pursuing two options to addre
by markkat 9y ago
We currently have enough clients that the annual storage fees paid in more than cover the costs of our repository. We are actively pursuing two options to address this possibility: 1) The cell banking service is a separate entity, and all of us who have banked continue to pay into that entity keeping it funded, even if Forever Labs were to dissolve, and 2) An insurance policy covers long-term storage if Forever Labs dissolves.
All of our cells are banked, as are my wife's and family members. We are addressing this.
That said, your cells remain your own. At any time, we will ship them to another biorepository for $300.
- brandonmenc 9y agoWhat about redundancy? I'd like an option to bank at multiple locations.
- loceng 9y agoI'd assume perhaps with different organizations as well, so if one organization becomes say unresponsive - then you have access to another source?
- markkat 9y agoWe've had a few clients ask about this. It's something that were will likely offer in the future. Our biorepository is currently in MA.