Biobanking Market Introduction The term biobanking is often misused to refer to any collection of human biological specimens (biospecimens), regardless of the standards established for various tissue collection procedures or requirements pertaining to ethical and legal considerations. The process of collecting bodily fluids or tissue samples for usage in research to better understand health and disease is referred to as biobanking. Biobank is a sizable collection of biospecimens that are kept primarily for usage in health and medical research, and are linked to pertinent personal and health data (such aselectronic medical record, family history, lifestyle, and genetic information). The National Centre for Advanced Research and Excellence in Heart Failure (CARE-HF) at SCTIMST was established by ICMR to expand research in the field, as heart failureemerged as a significant health issue in India. One of the projects key components is the Heart Failure Biobank, which received funding of US$ 85,000 to build cutting-edge storage facilities.
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