Experts predict a steady pace going forward as more companies move into late-stage manufacturing after promising outcomes in oncology, regenerative medicine, and rare diseases.
Since then, this area of biotechnology has doubled in growth. Experts predict a steady pace going forward as more companies move into late-stage manufacturing after promising outcomes in oncology, regenerative medicine, and rare diseases. Despite challenges related to capacity and the ability to scale production, FDA commissioner Scott Gottlieb expects the agency to confer 10 to 20 gene- and cell-therapy related approvals each year through 2025 as biotech continues to fast-track new projects.