An AusBiotech-led consortium is mapping GMP manufacturing capability for regenerative medicine in Australia, a burgeoning sector which attracted $25.7 billion in financing globally in 2020 alone.
The recent news of Cell Therapies’ Good Manufacturing Practice (GMP) license from the TGA for T-Cell products highlighted the importance of the mapping exercise, said AusBiotech.
AusBiotech, Medicines Australia, Cell Therapies, Novartis Pharmaceuticals Australia, Biointelect, Research Strategies Australia, and MTPConnect are carrying out a 12-month study of the sector, with funding assistance from MTPConnect (the Growth Centre for medical technologies.)
Outcomes of the RM Catalyst Project, announced in November, will include:
Regenerative medicine sector holds great potential, according to AusBiotech, with over 1,200 clinical trials in progress, 152 trials of them at phase 3 now, and the attraction of $25.7 billion (US$19.9 billion) in financing during 2020 alone.
Last week Cell Therapies, a contract manufacturer located at the Peter MacCallum Cancer Centre in Melbourne, received TGA approval to make Novartis’s chimeric antigen receptor T-cell (CAR-T) therapy.
This made it “the first and only approved commercial manufacturing site for CAR-T in Australia for both clinical trial and non-clinical trial patients,” CT said.
Picture: www.celltherapies.com.au
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