Founded in 1996, FACT establishes standards for high quality medical and laboratory practice. FACT is a non-profit organization developed by the International Society for Cellular Therapy (ISCT) and the American Society of Blood and Marrow Transplantation (ASBMT) for the purposes of voluntary inspection and accreditation in the field of hematopoietic cell therapy. The major objective of FACT is to promote high quality patient care and quality laboratory performance in the belief that a valid accreditation must assess both clinical and laboratory aspects.