Yes that is right. You can still delay the clamping for a minute or so and collect the cord blood sample but the cord usually takes between 3 to 5 minutes to stop pulsating. I would always say to follow your own personal birth plan. As I'm sure you're aware there are lots of different views on delayed cord clamping, its benefits, how long, etc.
My field is stem cells, and stem cell banking. But my opinion, for what it's worth, would be a mixture of the two. I can absolutely see the benefit in delayed cord clamping, my sister did it with both her children for a few minutes after the births but didn't collect the blood and tissue (she didn't know about it at the time but will collect them for her next child!).
I see such huge benefit from banking cord blood and tissue. I haven't had children as of yet but when I do I will absolutely bank the cord blood and tissue.
I think the place people get a little lost with banking cord blood & tissue is the difference between donating the CB&T to a trust or charity and banking it privately. It does get a little complicated.
If donate your CB&T to a trust or charity (say a blood cancer charity), a small sample gets taken to be researched on and the vast majority is banked to be used by someone else that has a (human leukocyte antigen) match to your child's stem cells. Obviously you then don't have access to the stem cells anymore but if your child needed treatment for blood cancer and if they are available then you could use them.
If you bank your stem cells privately, at some banks a tiny portion is used for research but 99.9% gets stored for your child, their siblings and even you and your partner. These are then available for you anytime you need.
The amount of cord blood usually collected could be used for one treatment, possibly two, dependant on the size. Cord blood contains an abundance of HSC's or haematopoietic stem cells which can become red and white blood cells and platelets.
Cord tissue on the other hand, I/we see as the future. It can be cultured up (grown) to provide lots more than 1 or 2 treatments and contains a lot more MSC's or mesenchymal stem cells, which can become bone, tissue, muscle, fat, cartilage.
So it is really important if you bank your child's stem cells to bank the cord blood and tissue (some companies only bank cord blood).
There is more to go into but if you do want to bank your stem cells there are 1 or 2 companies in the UK that I would avoid, for a number of reasons. I'm happy to let anyone know who they are privately.
I hope that covers most things, happy to answer any other questions when I get a chance.