Article | October 25, 2023

Crafting An Effective Commercialization Strategy For Cell And Gene Therapies

Microscope pipette GettyImages-503258063

The field of healthcare has seen remarkable progress in recent decades, especially in personalized medicine. One of the most transformative innovations in this space is cell and gene therapy (CGT), a branch of precision medicine. These therapies have not only revolutionized treatment options but have also opened doors to individualized healthcare. As the annual market growth rate for CGTs is projected to be about 22% from 2022 to 2030, it's clear that these one-time curative therapies continue to draw significant interest from investors. With over 1,500 active clinical studies listed on ClinicalTrials.gov, CGTs are expected to gain a larger share of total novel drug approvals in the years to come.

In this dynamic and innovative field, creating an effective commercialization strategy is crucial to ensure that patients can access and benefit from these life-changing therapies. This blog will explore the key considerations for crafting a comprehensive strategy for CGTs.

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