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Worldwide Cell Therapy Industry to 2027 - Increasing Prevalence of Chronic Diseases is Driving the Market - Vimarsana News

Worldwide Cell Therapy Industry to 2027 - Increasing Prevalence of Chronic Diseases is Driving the Market

Share this article Share this article ResearchAndMarkets.com's offering. According to this report the global cell therapy market is expected to reach US$ 12,563.23 million by 2027 from US$ 7,260.50 million in 2019. It is estimated to grow at a CAGR of 7.2% from 2020-2027. The growth of the market is attributed to increasing prevalence of chronic diseases, rising adoption of regenerative medicines, and surging number of approvals for cell-based therapies. However, the high cost of cell therapy manufacturing hinders the growth of the market. The cell therapy market, based on therapy type, is b...

Sanofi, following Denali, pens gene therapy pact with Sirion Biotech - Vimarsana News

Sanofi, following Denali, pens gene therapy pact with Sirion Biotech

(Sanofi) French Big Pharma Sanofi is teaming up with Germany’s Sirion Biotech for its viral-vector-based gene delivery tech. The pair will work together on developing improved tissue-selective adeno-associated virus (AAV) vectors to tee up better gene therapy treatments. Targets have not yet been specifically mentioned, simply for “disorders affecting major human organs.” Financials of the deal were not made public. This comes two years after Sirion penned a similar pact with Denali Therapeutics, with other partners including Acucela and Orchard Therapeutics. Sanofi will work w...

JPM: Thermo Fisher picks up Novasep's viral vector business for $878M outright - Vimarsana News

JPM: Thermo Fisher picks up Novasep's viral vector business for $878M outright

Thermo Fisher's CEO said 2021 will see the company quickly accelerate its long-term plans, including a full pipeline of M&A deals. He wasn’t kidding.