PUBLISHER: Inkwood Research | PRODUCT CODE: 1142626
PUBLISHER: Inkwood Research | PRODUCT CODE: 1142626
The France cell therapy market growth is expected to progress at a CAGR of 15.92% during the forecast period, 2022-2028. The France market growth prospects are attributed to the presence of leading research and biotech companies working in the cell therapies segment.
Europe is the second-largest gene and cell therapy market globally, with the UK and France in the top positions. France's biotech industry continues to contribute to the development of gene therapy and cell therapy fields, rendering it conducive to market competition with regard to cell therapies. For instance, Cell-Easy, a start-up in Toulouse specializing in stem cell therapy, collaborated with the University Hospital Centre in Toulouse, procuring the authorization to open a pharmaceutical manufacturing plant for the production of stem cells.
Further, biotechnology companies in France are increasingly prioritizing research activities in the central nervous system, infectious diseases, and oncology. Additionally, many France-based companies are engaged in expanding their businesses related to cell therapy. For instance, TreeFrog Therapeutics opened its first 1300 sq ft facility in June 2020 to scale up cell therapy manufacturing processes based on the induced pluripotent stem(iPS) in Bordeaux, France. As a result, the thriving biotechnology industry is propelling the France cell therapy market growth.
Some of the prominent firms in the market include: Cellectis, TreeFrog Therapeutics, Bristol Myers Squibb Company, TheraVectys, Sangamo Therapeutics Inc, etc.