Gene Therapy: A Revolutionary Strategy to Genetic Disorder Treatment
Gene therapy is currently an important subject in the biotech sector, with numerous medicines under research and various recent approvals. However, the way has not always been easy. It has been one of the biggest achievements of the twenty-first century. Genetic disorders were formerly thought to be incurable, engraved in stone within the genomes of individuals unfortunate enough to be born with them in genetic life. In this blog, let’s explore gene therapy. A growing number of firms are entering the market. US FDA expects to receive more than 200 new applications for cell and gene therapy each year, with 10-20 therapies approved each year. Thus, this factor is anticipated to boost the market growth. In addition, according to a research report by Astute Analytica, the Global Gene Therapy Market is likely to increase at a compound annual growth rate (CAGR) of 24% over the forecast period from 2023 to 2030. Historical Overview of Gene Therapy: In 1972, US scientists Richard Ro...