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Stem Cell Therapy Market in Asia-Pacific to 2018

July 18, 2013

DUBLIN, July 18, 2013 /PRNewswire/ –

Research and Markets (
http://www.researchandmarkets.com/research/qc7zk2/stem_cell_therapy) has announced the
addition of the “Stem Cell Therapy Market in Asia-Pacific to 2018 – Commercialization
Supported by Favorable Government Policies, Strong Pipeline and Increased Licensing
Activity” [http://www.researchandmarkets.com/research/qc7zk2/stem_cell_therapy ] report to
their offering.

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Commercialization Supported by Favorable Government Policies, Strong Pipeline and
Increased Licensing Activity

Stem Cell Research in Asia-Pacific a Growth Engine for Region’s Scientific Ambitions

The stem cell therapy market in Asia-Pacific is poised to offer significant
contributions in the future, thanks to renewed interest by the respective governments of
India, China, Japan, South Korea and Singapore to provide cures for a range of diseases,
states a new report by healthcare experts GBI Research.

Stem cells are unique body cells that possess the ability to divide and differentiate
into diverse cell types, and can be used to produce more stem cells. The use of adult stem
cells has been successfully employed to treat bone and blood related disorders such as
leukemia, through bone marrow transplants. Stem cell therapy is used to repair and
regenerate the damaged tissue, though the actual mechanism of action is largely unknown.

The growth in the stem cell therapy market will not only provide treatment options but
will also contribute significantly to the countries’ Gross Domestic Product (GDP), with
the President of South Korea only last year referring to stem cell research as a new
growth engine for the nation’s economy. In order to support the stem cell industry,
regulatory guidelines in Asia-Pacific countries allow stem cell research, and this has led
to its commercialization. India and South Korea are the leaders in the commercialization
of stem cell therapy, with approved products for Acute Myocardial Infarction (AMI),
osteoarthritis and anal fistula in Crohn’s disease, amongst others. The countries allow
the use of human embryonic stem cells and provide adequate funding support for the
research.

Stem cell therapy is an emerging field, and a large amount of research is currently
being carried out by institutions such as hospitals, universities and medical colleges.
According to GBI Research’s analysis of the stem cell therapy research in Asia-Pacific,
63% of pipeline molecules were being researched by academia. The emergence of
institutional research has boosted stem cell discoveries, as companies can be put off
conducting research due to uncertain therapeutic outcomes. China and Japan witness only a
negligible industry presence in stem cell research, as academic institutions dominate -
however in contrast, India has the presence of both industry and academia. The major
institutions engaged in stem cell research in India are LV Prasad Eye Institute (LYPEI)
for Limbal Stem Cell Technology (LSCT), and the Post Graduate Institute of Medical
Education and Research (PGIMER) for stem cell therapy
[http://www.researchandmarkets.com/research/qc7zk2/stem_cell_therapy ] for type 2 diabetes
mellitus.

The market is poised for significant growth in the future, due to the anticipated
launch of JCR Pharmaceuticals’ JR-031 in Japan in 2014, and FCB Pharmicell’s Cerecellgram
(CCG) in South Korea in 2015. GBI Research therefore predicts that the stem cell therapy
market will grow in value from $545m in 2012 to $972m in 2018, at a Compound Annual Growth
Rate (CAGR) of 10%.

Companies Mentioned

        - Stempeutics Research
        - Reliance Life Sciences
        - International Stem Cell Services
        - Shenzhen Beike Biotechnology
        - JCR Pharmaceuticals
        - ES Cells International (Subsidiary of BioTime, Inc)
        - Stem Cell Technologies i
        - Pharmicell
        - Medipost

For more information visit

http://www.researchandmarkets.com/research/qc7zk2/stem_cell_therapy

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        press@researchandmarkets.com
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        Sector: Biotechnology
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