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The year 2009 was quite turbulent for gene therapy companies, with lay-offs, bankruptcies and general financial crisis. Earlier 2008 FDA refused US based Introgen’s Biologics License application (1) and during 2009 now bankrupt Introgen sold it’s GMP facilities and other remaining assets to Vivante GMP Solutions, ceasing to exist as gene therapy company. Similarly other gene therapy companies have had difficulties on getting their products to the market, especially with the economic crisis hindering their financing. After facing extensive difficulties, the path often leads to turning into a CMO, field with heavy competition.
There are still some promising signs of new interest rising towards gene and cell therapy. Big Pharma seems to be more active to open discussions with innovative new gene therapy companies and progress to the marketing approval-stage by several companies has convinced the investors that soon the first product should be on the markets also in the Western World.
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