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This was copied from a statement on the procedure.

If those two reasons weren't enough, the third will blow your mind. It represents an unforgivable injustice. Many doctors early cord clamp so the placenta and its cord blood can then be sold to the highest bidder. Yes, that's correct. When you sign papers allowing the hospital to "dispose" of the placenta and other remnants of birthing, when you think they are being burned or safely disposed, they're actually selling them to medical research for as much as $30,000each! This figure was reported by the Children's Hospital in Randwick, Australia. This was confirmed in the 10th edition of the Principles of Anatomy and Physiology, 2003 page 1076. They're placing the baby at risk of these restricted umbilical cord problems to make money.

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Q: Do hospitals re-use women umbilical cords?
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