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The Scientist: NewsBlog:
Glimpses of stem cell medicine
Posted by Alison McCook [Entry posted at 1st April 2006 04:55 AM GMT]
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Return to Top comment: Stem Cell Summit - www.stemcellsummit.com by StemCellSummit [Comment posted 2006-10-05 21:42:20] Want the latest on stem cells, please visit www.stemcellsummit.com
The commercialization of stem cell and progenitor cell therapies has begun. This year, there are estimates that revenues generated from the sales of stem cells in humans will exceed $15 million and are on track to double in the coming year. The number of patients treated for fracture repair or bone growth are estimated to exceed 4,000. In the coming 24 months, one and possibly more new stem cell therapies will come to market for treatments of cancer patients, auto-immune disorders or cartilage repair. Soon after that, cellular therapies to treat cardiovascular maladies will be available. These coming three years are the golden years when the value and potential of stem cell therapies will burst onto the medical scene. These are also the years when investors, surgeons, and business development executives for medical technology can lay the foundations for future investments. How will this revolution affect medicine? We quote from Dr. James Thomson, the stem cell pioneer from the University of Wisconsin; ??I think (the stem-cell) field will parallel gene therapy quite closely. If you go back to the early days of recombinant DNA or gene manipulation, in the early 1970??s, there was a very similar kind of social uproar to what happened with human embryonic stem cells. It was followed ultimately by compromise and the work getting done. Nonetheless, recombinant DNA has completely revolutionized how biology is done in this country and the rest of the world. Stem cell therapies, I have complete confidence, are going to change human medicine.?? For the first time ever, a stem cell seminar is being organized to emphasize the commercial aspects of Stem Cell Therapies. Never before have clinicians and scientists been in one place, at one time, to deliver the REAL STEM CELL STORY. The presenters will include the leading companies in this field, clinicians and scientists. Furthermore, we will be featuring the first LIVE stem cell therapy broadcast. Please visit www.stemcellsummit.com Comment on this blog |