Advanced therapy medical products (ATMPs) are human medications based on genes, tissues, or cells. They provide groundbreaking new therapeutic options for ailments and injuries. ATMPs primarily target illnesses with significant unmet medical needs.
Global ATMPs Consulting Market is Fueled by Development Complexities and Regulatory Adaptations
ATMP development is a sophisticated industrial process that involves the manipulation of live tissues or the creation of GMOs. Because of the great diversity of ATMPs and their intrinsic complexity, analytical development presents a number of obstacles. Each product requires its own characterisation, potency, purity, and identification tests.
“……Due to development challenges and regulatory requirements involving ATMPs, the demand for specific ATMP consulting services such as CMC consultancy, preclinical and clinical regulatory advice, GMO submissions, support in clinical trial applications to regulatory bodies, and analytical services have grown manifolds in recent years ”
– Â Â Â Business Development Director, ATMP Consulting Provider, U.S.
Government support in key markets propels growth in the Global ATMPs Consulting Market
The European Medicines Agency (EMA) provides a variety of advisory services (scientific advice and protocol help) and incentives to encourage ATMP development in major markets such as Europe. The European legislation includes scientific and financial incentives to support research and development in the field of advanced medicines. ATMP developers may be eligible for fee reductions from EMA.
The United Kingdom has been at the forefront in realizing the possibilities of modern therapeutics. Significant investments have been made in the UK to promote ATMP development throughout the years (£3.8 billion since 2012).
Analysis of the Global ATMPs Consulting Market’s Competitive Landscape
Some of the Major players operating in the Global ATMPs Consulting market include Dark Horse Consulting, PharmaLex (Acquired by AmerisourceBergen), ProPharma Group, QbD Group (Michor Consulting/EUDRAC), Alacrita Life Science Consulting, Voisin Consulting Life Sciences (VCLS), Advanced Cell & Gene Therapy, Kinesys Consulting, Clarkston Consulting, Validant/DataRevive, Asphalion, Putnam, among others.
The ATMPs Consulting Market is likely to gain more traction in the future years as the number of ATMP approvals increases, the focus shifts from rare illnesses to the development of ATMPs for more prevalent diseases, and companies pursue aggressive organic and inorganic expansion strategies.
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