A menstrual blood bank aimed at storing menstrual fluid that can allegedly be used as stem cells to cure diseases such as cancer was launched in Florida, United States. According to the Human Tissue Authority, Cryo-Cell International, is the first company to offer this kind of unique service.

The menstrual blood bank is zeroing in on the idea that one day, stem cells from the menstrual blood can open up advancements in regenerative science.

"Current research is very preliminary, but given their properties, we believe these menstrual stem cells demonstrate compelling promise to transform regenerative medicine in the coming years," explained Dr. Stephen Noga, director of Cellular Therapeutics Program at Sinai Hospital in Baltimore and a spokesperson of Cryo-Cell.

In line with this objective, the company has patented the technology to "decontaminate" the samples upon its arrival in the laboratory.

"The bank is designed for women who want to store their own stem cells, taken from the menstrual blood, as a future health insurance," the BBC News quoted the company source as saying.

The fixed charge for processing and one year storage of menstrual fluid in the blood bank is pegged at $499.

Stem cell experts in the United Kingdom meanwhile downplayed the claims of Cryo-Cell, citing lacked of basis.

"This is all hypothesis and hype. This is such a long way off. I can see no reason why you would need to collect your own menstrual fluid," concluded Peter Braude, professor of Obstetrics and Gynaecology, from London's King's College and Guy's and St Thomas' Hospital.