Cell Therapy Investment Declines
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gene therapy developersBiotech and Pharma Industry News | BioPharma Dive
•Cell and gene therapy investment, once booming, is now in a slump
88% Informative
Makers of cell and gene therapies have raised half of a billion dollars this year .
Investors and analysts say the drop-off is due to manufacturing and drug delivery challenges.
Six CAR-T cell therapies have been approved by U.S. regulators to treat cancer and, in some indications, their benefits can be dramatic.
But uptake of some of the approved therapies has been slow, especially as companies work through manufacturing bottlenecks.
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