Press release
Genome Editing Market Size to Boom $38.43 Bn by 2033
The genome editing market has experienced rapid growth in recent years and is poised for continued expansion. In 2023, the market size reached an impressive US$ 8.03 billion and is forecasted to grow significantly, reaching approximately US$ 38.43 billion by 2033. This expansion is expected to occur at a compound annual growth rate (CAGR) of 16.95% from 2024 to 2033, driven by advancements in biotechnology and increasing applications across various industries.Download Statistical Data: https://www.towardshealthcare.com/download-statistics/5161
A Revolution in Biotechnology
Genome editing is a cutting-edge field that is revolutionizing biotechnological research and application. At its core, genome editing allows scientists to alter the genetic makeup of organisms with precision. Unlike older genetic engineering techniques, which randomly inserted genetic material across the genome, genome editing technologies enable the targeted addition, deletion, or modification of DNA at specific locations within the genome. This precision opens up new avenues in research, diagnostics, and treatment development, offering remarkable potential for scientific and medical breakthroughs.
Driving Forces Behind Market Growth
The growth of the genome editing market can be attributed to several factors. First and foremost is the rapid development of advanced genome editing technologies, such as CRISPR/Cas9, which have fundamentally changed the landscape of genetic research. These tools offer unprecedented precision and efficiency, which are essential for a wide range of applications, including genetic engineering, disease diagnostics, and drug discovery. Additionally, governments and private institutions continue to invest heavily in research and development, ensuring that innovation in this space remains strong.
The vast applications of genome editing technology in medical research, disease treatment, and agriculture further fuel the market's expansion. From genetically modified organisms (GMOs) to personalized therapeutics and precision medicine, genome editing holds enormous potential for improving health outcomes and addressing complex genetic diseases.
Key Market Insights: North America Leads, Asia Pacific Grows Rapidly
In 2023, North America led the genome editing market, accounting for a significant 48% of the total revenue. The region's dominance can be attributed to its robust healthcare infrastructure, leading biotechnology and pharmaceutical companies, and substantial investments in research and development. The United States, in particular, plays a pivotal role, as numerous biotechnology firms and research institutions continue to push the boundaries of gene editing technologies.
However, the growth prospects for the genome editing market are not confined to North America alone. The Asia Pacific region is expected to exhibit the highest CAGR during the forecast period, at an impressive 18.77%. This surge can be attributed to the increasing adoption of genome editing technologies in countries like China, Japan, and India, where the healthcare and biotechnology sectors are rapidly developing. Additionally, governments in the region are heavily investing in biotechnology to enhance research capabilities and address public health challenges.
Applications and Technologies Driving Demand
The application of genome editing spans multiple sectors, but some key areas stand out. In 2023, genetic engineering was the dominant application segment, accounting for the largest share of the market. Genome editing's role in creating genetically modified organisms (GMOs) for agriculture, developing new therapeutic strategies, and enhancing research into genetic diseases makes it a critical tool for scientists worldwide.
In the clinical application space, the demand for genome editing is also expected to grow significantly. The clinical applications segment is projected to expand at a CAGR of 13.20% during the forecast period, as genome editing plays a pivotal role in developing personalized medicine and treating genetic disorders. Technologies like CRISPR/Cas9 have enabled precise gene editing, offering hope for curing diseases once thought incurable, such as sickle cell anemia and cystic fibrosis.
Technological Breakthroughs: CRISPR/Cas9 and Beyond
CRISPR/Cas9, the most well-known genome editing technology, had a dominant presence in the market, contributing to more than 44% of the revenue share in 2023. Its ability to target specific DNA sequences with unparalleled accuracy and efficiency has made it the technology of choice for researchers and companies alike. However, as the field of genome editing continues to evolve, other technologies such as ZFN (zinc finger nucleases) are gaining traction. The ZFN segment is expected to grow at a notable CAGR of 16.58% during the forecast period, as researchers explore new methods for gene editing and therapeutic applications.
Delivery Methods and End-Use Segments
When it comes to genome editing, the delivery method plays a crucial role in determining the effectiveness and efficiency of gene editing procedures. In 2023, the ex-vivo delivery method dominated the market, generating over 52% of the revenue share. Ex-vivo gene editing involves modifying cells outside the body and then reintroducing them, which is widely used in therapeutic applications. On the other hand, the in-vivo delivery method, which involves directly editing genes within living organisms, is expected to experience significant growth, with a projected CAGR of 19.95% during the forecast period.
The end-use segment further highlights the growing importance of genome editing in both the biotechnology and academic research sectors. In 2023, biotechnology and pharmaceutical companies accounted for over 52% of the revenue share, reflecting the extensive use of genome editing in drug discovery, therapeutics, and disease management. Academic and research institutions, however, are anticipated to experience rapid growth, with a CAGR of 19.24%, driven by increasing research in gene therapies and innovative biotechnology applications.
Leading Innovators in the Genome Editing Market: Shaping the Future of Biotechnology
The genome editing market has emerged as one of the most transformative sectors within biotechnology, with a range of companies spearheading advancements that are reshaping industries from healthcare to agriculture. As genome editing technologies, such as CRISPR/Cas9, continue to make waves, a select group of industry leaders is driving the innovations that hold the potential to revolutionize medical treatments, disease prevention, and beyond.
Among the most influential companies in this space are Thermo Fisher Scientific, Inc., Lonza, Bluebird Bio, Inc., and OriGene Technologies, Inc., to name just a few.
These companies have harnessed cutting-edge technologies to accelerate research and development in genome editing, contributing to both academic breakthroughs and the creation of therapies that can address some of the most challenging health conditions. Their contributions to the genome editing ecosystem provide insight into how the market is evolving and highlight the companies poised to lead the next wave of innovations in genetic medicine
Pioneering Companies in the Genome Editing Market
1. Thermo Fisher Scientific, Inc.
Thermo Fisher Scientific, a leader in scientific research and biotechnology services, plays a pivotal role in the genome editing market. The company's extensive portfolio of tools and reagents for genome editing supports researchers around the world, enabling them to modify DNA with greater precision. Their innovations span multiple sectors, including pharmaceuticals, diagnostics, and academic research, further advancing the capabilities of genome editing technologies.
2. Lonza
Lonza, a global leader in the life sciences sector, has significantly contributed to genome editing through its cell and gene therapy offerings. The company supports the development of CRISPR and other genome editing technologies by providing critical services in manufacturing, research, and development. Lonza's efforts help scale up the production of edited cells, which are essential for advancing both clinical and preclinical applications of genome editing.
3. Bluebird Bio, Inc.
Bluebird Bio, a biotechnology company focused on genetic diseases, has made a significant impact on the genome editing landscape. Known for its work in gene therapy and genetic engineering, Bluebird Bio has developed cutting-edge treatments for sickle cell disease and other genetic disorders. Its focus on advancing genetic modification techniques has made it one of the top players in the field.
4. OriGene Technologies, Inc.
OriGene Technologies offers an array of products used in genome editing research, particularly in the areas of molecular biology and genetics. The company is well-known for its focus on innovative technologies that allow precise gene modifications, facilitating research into gene function and the development of novel therapeutics.
5. New England Biolabs
New England Biolabs is a key player in the genome editing market, particularly with its CRISPR/Cas9-based products. The company provides high-quality enzymes and reagents used in gene editing applications, empowering scientists to achieve greater accuracy and efficiency in their research. Their products are integral to advancing genome editing technologies and are widely used in laboratories globally.
6. Genscript Biotech Corp
Genscript is another top name in genome editing, with its range of CRISPR/Cas9 and other gene-editing tools that facilitate precise modifications of the genetic code. The company's services are highly regarded in the biopharmaceutical and academic sectors, where researchers rely on Genscript's expertise for cutting-edge genome engineering.
7. Transposagen Biopharmaceuticals, Inc.
Transposagen Biopharmaceuticals is a biotechnology company specializing in gene editing solutions. Known for its work with the sleeping beauty transposon system, Transposagen develops technologies that offer unique methods for genetic modification, broadening the scope of genome editing applications in therapeutics and research.
8. Danaher Corporation
Danaher Corporation is a global conglomerate with a significant footprint in the life sciences sector. The company has advanced genome editing by offering integrated solutions for genetic research and modification. Their tools are essential for improving the precision and efficiency of genome editing, contributing to breakthroughs in both academic research and drug development.
9. Horizon Discovery Ltd. (Revvity, Inc.)
Horizon Discovery is a leading provider of genome editing tools and services. The company's innovative offerings in gene editing, particularly in the CRISPR/Cas9 space, are used by researchers to create precise genetic modifications. Horizon's platforms have been key in advancing the field of gene therapy and in exploring new therapeutic strategies for genetic diseases.
10. Takara Bio Inc.
Takara Bio is at the forefront of genetic research and gene editing, offering a comprehensive range of tools for genome modification. Their technologies, such as CRISPR and ZFN, are widely used for creating genetically modified organisms and developing gene therapies. Takara Bio's contribution to the market continues to grow as demand for precision genome editing increases across industries.
Emerging Players Shaping the Future of Genome Editing
While the aforementioned companies have already established themselves as leaders in the genome editing space, there are several emerging players that are expected to make a significant impact in the near future. Notably, AstraZeneca, Cellectis S.A., Caribou Biosciences, Inc., Intellia Therapeutics, Inc., Precision BioSciences, Editas Medicine, Sangamo Therapeutics, and Recombinetics are all actively involved in developing novel therapies and pushing the boundaries of genetic research.
CRISPR Therapeutics and Their Pioneering Pipeline
One of the standout companies in genome editing is CRISPR Therapeutics, headquartered in Zug, Switzerland. As one of the leaders in the CRISPR/Cas9 revolution, CRISPR Therapeutics has developed an exciting pipeline that is advancing gene-editing applications across a range of genetic diseases.
• Exagamglogene Autotemcel (exa-cel) - A groundbreaking therapy approved in some countries for β-thalassemia and sickle cell disease.
• CTX211 - Currently in clinical trials, this therapy aims to address Type 1 diabetes mellitus.
• CTX320 and CTX310 - Both therapies focus on treating cardiovascular diseases, specifically targeting Lp(a) and ANGPTL3.
• CTX131 and CTX112 - Both are anti-CD70 and anti-CD19 allogeneic CAR-T therapies in clinical trials for cancer treatment.
CRISPR Therapeutics continues to make remarkable strides in gene therapies that could potentially cure some of the most debilitating genetic diseases, ushering in a new era for genomic medicine.
Caribou Biosciences: A Clinical Leader in Genome Editing
Another company making waves in the genome editing market is Caribou Biosciences, Inc., based in California, U.S. Caribou Biosciences is a prominent clinical-stage CRISPR genome-editing biopharmaceutical company that has made significant advancements with its CAR-T cell therapies.
In April 2024, the company announced that the FDA had approved its Investigational New Drug (IND) application for CB-010, an allogeneic anti-CD19 CAR-T cell therapy with a PD-1 knockout. This therapy is being developed for the treatment of extrarenal lupus (ERL) and lupus nephritis (LN). The company anticipates launching a phase 1 multicenter clinical study by the end of 2024, a pivotal milestone that underscores Caribou's leadership in the clinical application of genome editing for autoimmune disorders.
The Role of Genome Editing in Disease Prevention and Treatment: A Transformative Approach to Healthcare
The landscape of modern medicine is undergoing a revolutionary transformation, thanks to the advent of genome editing technologies. The potential to prevent, treat, and even cure genetic diseases is driving rapid growth in the genome editing market, and its impact on healthcare is profound. As this groundbreaking technology moves closer to widespread clinical application, it promises to reshape the way we approach disease management and prevention.
With the integration of genome editing tools like CRISPR, researchers and clinicians are beginning to target the root causes of genetic diseases at the DNA level. The promise of altering or correcting faulty genes could lead to treatments that go beyond symptom management and offer lasting cures. Yet, as exciting as these possibilities are, they come with the responsibility to ensure that the technology is used safely and ethically. As genome editing continues to evolve, it is essential that measures are taken to ensure it is applied in ways that maximize benefits while minimizing risks.
Genome Editing in Disease Prevention and Treatment: A New Era of Possibilities
The potential of genome editing in the prevention and treatment of diseases has sparked immense interest across the scientific and medical communities. With ongoing research and clinical trials, this technology is expected to soon be available for a variety of genetic disorders, driving market growth and attracting significant investments in the field.
Recent advancements in genomic screening technologies have played a key role in the rapid development of genome editing. High-throughput genomic screening, comparative analysis of human genomes, and the decreasing costs of genome sequencing have dramatically improved the accuracy of genetic diagnostics. These advancements are laying the groundwork for new treatments that target the very genetic mutations responsible for hereditary diseases. The ability to directly correct or modify genes is opening up unprecedented possibilities in medicine, including the potential to eliminate genetic diseases from future generations.
A major breakthrough in this regard came in July 2022, when Verve Therapeutics, a pioneering company in gene editing, initiated clinical trials for its innovative gene-editing platform, VERVE-101. The technology utilizes a precise form of base editing to treat heterozygous familial hypercholesterolemia (HeFH), a genetic form of cardiovascular disease characterized by high cholesterol levels. In this case, the gene editing approach targets and inactivates a specific gene in the liver that contributes to elevated cholesterol levels. By altering a single DNA nucleotide, Verve Therapeutics aims to provide a lasting therapeutic effect that could significantly reduce the risk of cardiovascular disease in individuals with this genetic condition. The success of this trial could mark a new era for the treatment of genetic diseases, offering hope for millions affected by similar conditions.
Addressing the Challenges of Genome Editing: Off-Target Effects
Despite the promise of genome editing, several challenges remain to be addressed before it can be safely and widely applied in clinical settings. One of the biggest concerns is the potential for off-target effects, which occur when the gene-editing tool cuts DNA at unintended locations in the genome. This non-specific cleavage can result in harmful genetic mutations, which could introduce new diseases or worsen existing conditions.
Off-target effects are a significant barrier to the widespread use of CRISPR and other genome-editing technologies. However, considerable progress has been made in addressing this issue. Researchers have developed techniques to minimize off-target effects, such as improving prime editing, optimizing sgRNA (single guide RNA), modifying Cas9 nucleases, and implementing off-target identification methods. These advancements aim to enhance the precision of genome editing, ensuring that the desired genetic changes are made without unintended consequences.
As these techniques continue to improve, the safety and reliability of genome editing will increase, making it a more viable option for treating a wide range of genetic disorders.
Gene Therapy: A Game-Changer for Rare Genetic Disorders
In addition to its potential for disease prevention and treatment, genome editing holds particular promise for the management of rare genetic disorders. Millions of people around the world suffer from these rare conditions, many of which are caused by single gene mutations. These genetic disorders often result in reduced life expectancy and can severely impact quality of life. Unfortunately, the majority of these conditions currently lack effective treatments, and only a small percentage of rare genetic diseases have FDA-approved therapies.
Genome editing presents a game-changing opportunity to correct the genetic flaws underlying these diseases. By using tools like CRISPR to repair or replace the defective genes, researchers hope to provide cures for disorders that were previously considered incurable. The potential to deliver genetic therapies to these patients is immense, and it could revolutionize the treatment landscape for rare genetic diseases.
While only a small fraction of rare genetic diseases have approved treatments today, the future of gene therapy looks promising. As genome editing technologies continue to evolve, they are expected to dramatically expand the range of treatable genetic conditions. The development of genetic medicines will likely become a cornerstone of healthcare, transforming how we approach the diagnosis and management of rare diseases and providing patients with new hope for the future.
A Transformative Shift in Medicine: What Lies Ahead
The potential applications of genome editing extend far beyond what we can imagine today. As the technology continues to mature, it could not only help treat and prevent genetic diseases but also enable us to understand and modify complex traits related to aging, susceptibility to infections, and even cancer. The possibility of editing the human genome to prevent inherited diseases or even cure existing genetic conditions is one of the most exciting frontiers in modern medicine.
However, as we move forward, it is crucial that genome editing is used responsibly. Ethical concerns surrounding gene editing, particularly in germline editing (changes that are passed down to future generations), must be carefully considered. Ensuring that these technologies are developed and applied with caution will be key to realizing their full potential in a way that benefits all of humanity.
In conclusion, the use of genome editing in disease prevention and treatment is driving the rapid growth of the genome editing market. As the technology progresses, it offers unprecedented possibilities for curing genetic diseases, particularly rare genetic disorders that have long been without effective treatments. With continued advancements in precision and safety, genome editing is poised to revolutionize healthcare, offering a future where genetic diseases could be a thing of the past. As the field evolves, it will be essential for scientists, policymakers, and society at large to navigate the ethical challenges and ensure that this powerful technology is used for the greater good.
Exploring the Evolution of Genome Editing: Market Insights and Future Directions
The rapid development of genome editing technologies is revolutionizing multiple industries, from medicine to agriculture, and reshaping the way we address genetic diseases, improve crop yields, and produce life-saving medications. The growth of the genome editing market, driven by advancements in technologies like CRISPR/Cas9, gene therapy, and genetic engineering, is reshaping not only healthcare but also the future of biotechnology and agricultural practices.
A Surge in Genome Editing Applications
Genetic Engineering Leads the Charge
In 2023, the genetic engineering segment was the dominant force in the genome editing market, with the technology becoming an indispensable tool in research. Genetic engineering, a process of manipulating an organism's genome to study gene functions or develop genetically modified organisms (GMOs), has enabled the creation of more resilient crops and facilitated advancements in pharmaceutical development. For instance, genetic engineering has been key to the development of genetically modified plants designed to resist pests or diseases, thus ensuring food security worldwide.
A notable example comes from Italy, where, in April 2024, researchers sought approval for a field test of genetically modified rice that could naturally resist diseases without the need for chemical pesticides. This innovative approach to crop production could help mitigate the harmful environmental effects of agrochemical use and increase food security.
Clinical Applications: The Fast-Growing Frontier
As we look to the future, the clinical application of genome editing is poised to experience the fastest growth. Technologies like gene therapy, which are now being explored in clinical trials, hold immense potential to treat and even cure genetic disorders. For example, sickle cell anemia, a genetic disorder affecting millions globally, is a prime target for gene therapy treatments. The World Health Organization estimates that between 1 in 1,000 to 1 in 1,100 live births result in Down syndrome, underscoring the urgent need for advanced genetic interventions.
The clinical potential of genome editing is vast, with diseases like cystic fibrosis, Duchenne muscular dystrophy, and various forms of cancer all presenting opportunities for therapeutic intervention through genetic engineering.
Technological Innovations Driving the Market
CRISPR/Cas9: A Breakthrough Tool in Gene Editing
The CRISPR/Cas9 technology continues to dominate the genome editing market. This tool's simplicity, efficiency, and affordability have made it the go-to method for gene editing. Its applications range from basic research to the treatment of diseases and the enhancement of human lifespan. The technology has also opened the door to possibilities such as editing aging-related genes and altering genetic mutations that contribute to incurable diseases.
In 2025, Regeneron Pharmaceuticals, in collaboration with Mammoth Biosciences, plans to expand its gene editing business, utilizing CRISPR/Cas9 technology to create in vivo treatments for non-hepatic tissues, including those in the heart and lungs.
Zinc-Finger Nucleases (ZFNs): A Promising Alternative
Alongside CRISPR, Zinc-Finger Nucleases (ZFNs) have gained traction in the field of genetic editing. These precision tools enable targeted DNA cleavage, offering great promise for personalized therapies. ZFNs are already being used to develop genetically modified plants and animals, as well as isogenic human disease models, paving the way for breakthroughs in genetic disease research and treatment.
Gene Editing Delivery Methods: Ex-Vivo vs. In-Vivo
Ex-Vivo Gene Therapy: A Controlled Approach
The ex-vivo delivery method has been the leading approach in genome editing. In this method, cells are removed from the body, genetically altered, and then reintroduced to the patient. Ex-vivo gene therapy has been particularly effective in treating blood-related diseases such as leukemia, lymphoma, and sickle cell anemia. Its ability to precisely alter genetic material before reintroducing it into the body makes it an ideal solution for diseases that affect blood cells.
Researchers are also exploring ex-vivo gene therapy for autoimmune diseases and neurological conditions, where gene editing could correct genetic defects that are currently untreatable.
In-Vivo Gene Therapy: The Future of Genetic Treatment
In-vivo gene therapy, which involves the direct introduction of genetic material into a patient's cells, is expected to grow rapidly in the coming years. Unlike ex-vivo therapy, in-vivo therapy doesn't require the removal and reinsertion of cells, making it a less complex and more convenient approach. It is particularly well-suited for treating single-gene disorders, such as cystic fibrosis, and for targeting internal organs like the heart or liver.
Biotechnology and Pharmaceuticals: Leading the Genome Editing Revolution
Biotechnology and pharmaceutical companies are at the forefront of the genome editing revolution. Genetic engineering plays a central role in biotechnology, helping create genetically modified organisms that produce vaccines, medicines, and therapeutic proteins. The biopharmaceutical industry, in particular, benefits from genome editing, as it allows for the production of targeted treatments and tailored medicines.
For example, human insulin, monoclonal antibodies, and other life-saving medications have been developed using genetic engineering. By modifying host organisms to produce these substances, researchers can increase yields and ensure purity, which is crucial for pharmaceutical production.
Regional Dynamics: North America and Asia Pacific
North America: The Market Leader
North America has been a leader in the genome editing market, with the United States and Canada playing pivotal roles in technological development, regulatory frameworks, and research funding. The U.S. government ensures the safety of GMOs through agencies like the USDA, EPA, and FDA, which regulate the development and application of genetically modified organisms. The region has also witnessed significant investments in biotechnology and research, further driving the growth of the genome editing market.
Asia Pacific: A Growing Powerhouse
Asia Pacific is expected to experience the fastest growth in the genome editing market during the forecast period. Countries like China, Japan, India, and South Korea are making substantial strides in biotechnology, genomics, and healthcare. Government initiatives, such as the Department of Biotechnology's push in India, have fostered innovation and entrepreneurship in the field, making Asia Pacific a key player in the global genome editing landscape.
Public Perception: A Mixed Response to Genome Editing
In Japan, public opinion on genome editing for medical applications shows a mixed response. A survey revealed that people who understand the concept of genome editing are more likely to accept it for serious genetic diseases, such as those that shorten a baby's life or require long-term care. However, there is significant concern about the ethics of altering human genes, with many individuals expressing reservations about the broader implications of such interventions.
This reflects a global sentiment that, while genome editing offers immense potential to address genetic diseases, it also raises ethical, social, and regulatory concerns that need to be carefully considered.
Exploring the Latest Innovations in the Genome Editing Market: AI-Powered Gene Editing and Advancements in Gene Therapy Delivery
The world of genome editing has witnessed some groundbreaking developments in recent months, with both technological advancements and research collaborations steering the market toward uncharted territories. The future of gene editing seems poised for a revolution, powered by AI technologies and novel delivery systems. These strides could potentially lead to faster, more precise, and scalable applications of gene editing for various medical, agricultural, and environmental purposes.
AI-Powered Gene Editors: A New Era in Genome Editing
In a remarkable leap forward, the first open-source, AI-generated gene editor, OpenCRISPRTM, was launched in April 2024 by Profluent, an AI-first protein design company. This cutting-edge development showcases the power of artificial intelligence in revolutionizing gene editing. OpenCRISPRTM is not just another gene-editing tool; it is a fully configurable gene editor created from scratch, with the potential to be customized for various applications, including human genome editing.
The secret to OpenCRISPRTM's success lies in Profluent's advanced large language models (LLMs). These models were instrumental in designing a new guide RNA and a Cas9-like protein, paving the way for precision editing of the human genome. OpenCRISPR-1, as it is called, marks a milestone in the world of genome editing by making it easier for researchers to generate gene editors that are not only efficient but also adaptable to a range of genetic applications. With the ability to edit genes with high precision, this technology holds promise for medical treatments that could target previously incurable diseases, including genetic disorders and cancers.
Advancing Gene Therapy Delivery Systems
In another notable development, Nvelop Therapeutics, a new company established in April 2024, is focused on enhancing the delivery of gene therapies. Founded with a substantial backing of $100 million from investors, Nvelop Therapeutics is working to revolutionize the way gene-editing tools are delivered to cells in the human body. The company builds upon the foundational research of two pioneers in the field: David Liu of the Broad Institute of MIT and Harvard and Keith Joung of Massachusetts General Hospital. Their efforts aim to create viral-like delivery systems that can safely and efficiently carry gene-editing tools to target cells.
The promise of Nvelop Therapeutics' delivery systems lies in their ability to mimic the natural viral vectors that have been used in gene therapy for years. However, instead of relying on actual viruses, the new systems are designed to be much safer, minimizing the risks associated with viral delivery. This advancement is expected to accelerate the development of gene therapies that target genetic diseases, including inherited disorders and conditions that are currently considered untreatable.
Collaborative Research for CRISPR-based Therapies
Collaboration continues to play a critical role in the evolution of genome editing, and a significant partnership between Danaher and the Innovative Genomics Institute (IGI) highlights this trend. In January 2024, these two organizations joined forces to create a new research facility dedicated to the development of CRISPR-based gene treatments. Based at the University of California, Berkeley, this center, named the Danaher-IGI Beacon for CRISPR Cures, is designed to bring together experts from various fields to tackle some of the most pressing genetic diseases.
The collaboration focuses on the study, development, and regulation of gene-editing therapies for a broad range of diseases. With the combined expertise of Danaher, a leading life sciences company, and IGI, a renowned research institute, the Beacon for CRISPR Cures aims to accelerate the clinical application of CRISPR-based treatments. The center's goal is to make gene-editing therapies not only more effective but also accessible to patients in need, offering hope for the treatment of conditions like genetic blindness, muscular dystrophy, and cystic fibrosis.
Source: https://www.towardshealthcare.com/insights/genome-editing-market-sizing
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