| Tissue
Engineering Does It Have A Commercial Future?
Significant challenges
must be addressed if tissue engineering companies are
to deliver commercially viable products, says Cambridge
Consultants Ltd (CCL).
Research conducted
by the Cambridge-based technology company has identified
that unless these challenges are met, it is unlikely
engineered tissue products will become a commercially
viable treatment option of the future. Several key barriers
are faced by companies to achieving successful commercialisation.
Both tissue engineering and regenerative medicine are
seen as technologies which can deliver solutions to
many problems caused by injury, disease or old age.
Whilst some analysts anticipate that the global market
could be worth in excess of $30 billion in 10 years,
CCLs latest report shows that the task of successfully
bringing a tissue engineered product to market is still
not without its problems.
Interviews with a number of the leading companies in
the tissue engineering and regenerative medicine industry,
including three of the top five players, identified
that many challenges are still to be faced. These include
the development of cost efficient scaleable processes;
guaranteeing product viability; proving the benefits
of these products to the medical community; and satisfying
the regulators.
Dr Stephen Blatcher, senior bioengineer at CCL commented
on the results, "A key message from this survey
is that companies must be careful not to be seduced
by the science of regenerative medicine, they must carefully
think through the whole process and business requirements
that must be met."
Specific
issues covered in CCLs report include the effects
of scaffold selection on both product & process
requirements, understanding the advantages and disadvantages
of process automation, maintaining quality throughout
the entire process, from raw material to end product,
and issues affecting product shelf life.
Dr Blatcher concludes, "Commercialisation of tissue
engineered products will only become viable if these
challenges are addressed. Companies must have a good
understanding of how factors other than the core science
will affect their business. As the market develops,
additional factors, for example the impact of patent
litigation, will come into play and companies must be
fully aware of potential risks."
Based on the findings of this survey, CCL can recommend
a number of tools and methodologies to address the key
technical challenges identified in this research.
Notes for editors
Cambridge Consultants Limited (CCL) designs and develops
innovative new products, processes and systems. CCL
enables clients to turn business opportunities into
commercial successes, whether launching first-to-market
products, or expanding existing markets through the
introduction of new technologies.
With a team of over 200 engineers and scientists, CCL
is able to offer solutions across a diverse range of
industries including healthcare, telecoms, industrial
and consumer products, automotive and aerospace.
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