Cell and Gene Therapy Development: Four Asian Markets To Look Out For
Gene therapy involves introducing new genetic material into cells so that abnormal genes causing bad protein-coding functions are altered, replaced or silenced. It is most active in the treatment of cancer, accounting for over 60 percent of clinical trials and over 50 percent of all approved therapies worldwide.
Starting in the early 2000s, countries in Asia have emerged as strong contenders in the field of gene and cell therapy. Asia has traditionally been an attractive target for drug-makers due to its large population size and rapidly aging society. Many have started to take notice of Asia’s advancement in gene and cell therapy for its role in research, as an attractive location for clinical trials and its regulatory differences from the West.
Growing at a compound annual growth rate of above 40 percent, the gene and cell therapy market in Asia is now outpacing the rest of the world by nearly four percent.
For businesses looking at this market, here are the Asian markets you should be paying attention to.
To help you keep track and remain on top of market development and technology advances in Asia, you may consider working with a business partner who has the proven expertise and knowledge in this area.
DKSH is the market leader in providing laboratory equipment and scientific instrumentation in Asia. With a wide range of instruments and industry expertise in the life sciences and healthcare, we would be glad to explore together with you the most suitable market entry strategy for your business.
Share your thoughts with us on the role of gene and cell therapy for your business.
Sources:
- Gene therapy research in Asia | Gene Therapy
- Frontiers | Development and Clinical Translation of Approved Gene Therapy Products for Genetic Disorders | Genetics
- Japan approves 2 gene treatments in bid to catch up – Nikkei Asia
- Strategy of SAKIGAKE
- Breaking barriers with Japan’s first gene therapeutic drug
- With its CRISPR revolution, China becomes a world leader in genome editing | Science | AAAS
- Taiwan Approves Six Cell Therapies Under Revised Guidelines | GeneOnline News
- Industry welcomes legislation of advanced regenerative bio act – KBR
- Status of Pharmaceutical Market in Korea in 2018
About the Author
Gabriela is based in Zurich and has been with DKSH since 2011, helping the company expand its business in Asia. She has previously worked with several international brands in the life sciences sector and has vast experience in developing strong relationships with customers and business partners worldwide.
Gabriela Gillot
Life Science
About the Author
James Hsu joined DKSH in 2019 as Business Development, DKSH Technology. In this role, he is responsible for growing the life sciences and scientific solutions business. His previous experience was accumulated in the bustling Asian genomics and proteomics sector, where he worked on bringing a digital PCR startup to market. James graduated from the University of California, San Diego.
James Hsu
Life Science