๐จ ๐๐ก๐ ๐ ๐๐ ๐๐ง๐ง๐จ๐ฎ๐ง๐๐๐ฌ ๐ ๐ง๐๐ฐ ๐๐ซ๐๐๐ค๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก First approval of its kind arrives as tumour-infiltrating lymphocyte (TIL) therapy has emerged as a nice addition. โก๏ธ With a price tag for Iovance's therapy sitting comfortably at $500,000+, this advancement not only pioneers a new era in therapy but also elevates the total count of oncological approvals and brings the total of FDA-approved Cell and Gene Therapies in the US market to an impressive 35. ๐๐ข๐ฏ๐ต๐ข๐ด๐ต๐ช๐ค ๐ต๐ฐ ๐ด๐ฆ๐ฆ ๐ข ๐ค๐ฐ๐ถ๐ฑ๐ญ๐ฆ ๐ฐ๐ง ๐๐๐ ๐ข๐ฑ๐ฑ๐ณ๐ฐ๐ท๐ข๐ญ๐ด ๐ข๐ญ๐ณ๐ฆ๐ข๐ฅ๐บ ๐ช๐ฏ ๐๐ฆ๐ฃ๐ณ๐ถ๐ข๐ณ๐บ! (Source: Joanna Sadowska, PhD - fantastic work as always). With 10 months left of 2024... ๐ก๐จ๐ฐ ๐ฆ๐๐ง๐ฒ ๐ฆ๐จ๐ซ๐ ๐๐ฉ๐ฉ๐ซ๐จ๐ฏ๐๐ฅ๐ฌ ๐๐จ ๐ฒ๐จ๐ฎ ๐ฉ๐ซ๐๐๐ข๐๐ญ? #celltherapy #genetherapy #biotech #CGTweekly
Great graphic! That represents a lot of hope for patients!
The global TIL therapy market size is estimated to grow from USD 0.087 billion in 2023 to USD 5 billion by 2035, representing a CAGR of 40% during the forecast period 2023-2035. Over 75 TIL cell therapy are being evaluated across different stages of preclinical / clinical development, either as monotherapies or in combination with other drugs.ย More than 95% of the TIL therapy candidates that are being developed to target a wide range of disease indications are autologous in nature. More than 70% of the filed patents were patent applications, while around 28% were granted patents. Of the total granted applications, more than 95% were filed in the US. Melanoma is likely to capture the maximum share (51%) of the TIL therapy market in 2035. To know more details get PDF Brochure here https://www.rootsanalysis.com/reports/til-therapies-market/request-sample.html?utm_source=LinkedIn&utm_medium=RootsAnalysis
Excited for the patients these therapies can help. More time, memories, big events they can be part of despite a sometimes bleak diagnosis.
These advancements offer a glimmer of hope for countless individuals and families battling with devastating diseases.
Gregory Ayuk Very exciting news about Iovance's TIL-based cell therapy! Many thanks for sharing!
Thanks Spencer for sharing.
Great stuff as always Spencer Knight and Joanna Sadowska, PhD
Sarah Costanzo GAICD
Looking forward to seeing this continue to grow!!
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5moIt is always great to see the progress in CGT. Do you have any predictions Spencer Knight on which CGT will be the next to receive FDA approval? :)