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Wearable market growth expected to slow in 2024 amidst plateauing innovation and inventory pile-up, ET Retail

The wearable market is anticipated to witness its slowest growth in 2024 since its inception in 2020, with market analysts predicting a single-digit growth rate following a significant 34% year-on-year increase in 2023 to a record 134.2 million units. Factors contributing to this slower growth include a plateauing pace of innovation, inventory accumulation, and a decline in average selling prices (ASP) despite a 15.4% decrease in ASP.
Anand Priya Singh Vanshika Jain Vikas Sharma Counterpoint Research Southeast Asia Middle East

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Astellas's CAR Tech Deals Speed Up Its Pursuit of In Vivo Cancer Cell Therapies

Astellas Pharma is working with Kelonia Therapeutics, a startup that develops in vivo CAR T-therapies with technology that precisely delivers genetic cargo to cells. The collaboration combines this tech with a platform from Xyphos Biosciences, a cell therapy developer that Astellas acquired in 2019.
Xyphos Biosciences Astellas Pharma Kevin Friedman University Of Pennsylvania Kelonia Therapeutics Tidal Therapeutics

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