Traditionally, the US and European countries are the key destinations for clinical trials for stem cell therapy
Achieving this will reduce cell therapy
development cost and time and accelerate delivery of novel cell therapies to patients.
The global stem cell therapy
products market is expected to grow at a CAGR of 17.
has applications in a large number of disorders.
According to the new Services Agreement, Progenitor Cell Therapy
will produce clinical supplies of ICT-140, a dendritic cell vaccine targeting seven ovarian cancer antigens, using process improvements.
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The company has also generated pre-clinical efficacy data with its ReN005 stem cell therapy
for Huntington's disease, a rare, genetic and fatal neurodegenerative disorder which affects around 1 in 100,000 people.
Further, the company will comprehensively support clinical trials of immune cell therapy
conducted at the 22nd Century Medical Center.
parents continue to turn to cell therapy
, despite the difficulties in getting the treatment, which is not licensed by the Food and Drug Administration.
Growth in the global stem cell therapy
market is driven by factors such as the growing awareness of the therapeutic potency of stem cells in effective disease management, development of advanced genome-based cell analysis techniques, increasing public-private investments for development of stem cell therapies, identification of new stem cell lines, and developments in infrastructure related to stem cell banking and processing.
Factors such as increasing funding from various governments and private organizations focus on stem cell research by the growing industry, and rising global awareness about stem cell therapies through various organizations are propelling the growth of the stern cell therapy
For more information, or to buy the report ("Stem Cell Therapy
Market by Treatment Mode, Therapeutic Applications--Regulatory Landscape, Pipeline Analysis & Global Forecasts to 2020", MarketsandMarkets, 196 pages, $4,650), visit the following link.
DALLAS, Texas, April 23, 2014 -- The stem cell therapy
market is poised to grow at a CAGR of 39.
In 2015, North America will hold the largest share of die global stem cell therapy
Ethical, Regulatory, and Safety Aspects of Cell Therapy