title: Evaluating the Past, Present, and Future of Regenerative Medicine: A Global View.
abstract: "Evaluating the Past and Present of Regenerative Medicine (RM)" was the first part of an Industry Symposium dedicated to the subject during the 2015 TERMIS World Congress in Boston. This working session presented a critical review of the current RM landscape in Europe and North America with possible projections for the future. Interestingly, the RM development cycle seems to obey the Gartner hype cycle, now at the enlightenment phase, after past exaggerated expectations and discouragements, as suggested by increasing numbers of clinical trials and recent market approvals of RM solutions in both Europe (Glybera and Holoclar®from Chiesi Pharma and Strimvelis®from GSK) and Japan (Remestemcel-L from Mesoblast®). The successful commercial translation of RM research is governed by five major drivers: (i) fully validated manufacturing capability for autologous or allogeneic products, (ii) reimbursement for targeted clinical indications with high and demonstrable medico-economic benefits versus standard of care, (iii) implication of regulatory bodies in the design and development plan of any RM solution, which should be well characterized, robust, with proven consistent efficacy and an acceptable and controlled positive benefit/risk ratio, (iv) collaborations facilitated by multicompetence hubs/consortia of excellence, (v) well-thought-out clinical development plans for reducing the risk of failure. Benefiting from past and present experience, the RM burgeoning industry is expected to accelerate the market release of cost-effective RM products with real curative potential for specific clinical indications with high unmet needs. This should be achieved by wisely leveraging all possible synergies of the different stakeholders, for example, patients, clinicians, reimbursement and health technology assessment (HTA) agencies, regulatory authorities, public/private investors, academia, and companies.
authors.affiliation: 1 UNT System College of Pharmacy , Fort Worth, Texas.
authors.forename: Vincent
authors.initials: V
authors.lastname: Ronfard
authors.affiliation: 2 London Business School , London, United Kingdom .|3 NxR Biotechnologies GmbH , Basel, Switzerland .
authors.forename: Alain A
authors.initials: AA
authors.lastname: Vertès
authors.affiliation: 4 Center for Commercialization of Regenerative Medicine , Toronto, Canada .
authors.forename: Michael H
authors.initials: MH
authors.lastname: May
authors.affiliation: 5 Voisin Consulting Life Sciences , Boulogne Billancourt, France .
authors.forename: Anne
authors.initials: A
authors.lastname: Dupraz
authors.affiliation: 6 Virginia Tech , Blacksburg, Virginia.
authors.forename: Mark E
authors.initials: ME
authors.lastname: van Dyke
authors.affiliation: 7 Medtronic-Sofradim Production , Trévoux, France .
authors.forename: Yves
authors.initials: Y
authors.lastname: Bayon
mesh_terms: D000818:Animals; D057005:Bioengineering; D002986:Clinical Trials as Topic; D003299:Cooperative Behavior; D006801:Humans; D038622:Internationality; D044968:Regenerative Medicine / Q000639:trends*
keywords: clinical trial; manufacturing; market approval; regenerative medicine; regulatory agencies; reimbursement