Global Allogeneic Cell Therapy Market Report 2023: Sector is Expected to Reach $1.72 billion by 2030 at a CAGR of 27.4% - ResearchAndMarkets.com
Allogeneic cell therapy involves transferring cells from healthy donors to patients to treat chronic diseases such as cancer and cardiovascular diseases.
- Allogeneic cell therapy involves transferring cells from healthy donors to patients to treat chronic diseases such as cancer and cardiovascular diseases.
- Allogeneic cell therapies offer several benefits over autologous therapies, including being less expensive and their availability as a scalable off-the-shelf product.
- The rising number of regulatory approvals for allogeneic cell-based therapies is expected to boost market growth over the forecast period.
- Moreover, in August 2022, Charles River Laboratories received approval from the European Medicines Agency (EMA) for its Memphis cell therapy manufacturing facility, which will enable the commercial production of allogeneic cell therapy.