Gene Therapy Approvals Expected to Ramp Up in 2024 Amid Manufacturing, Cost Challenges

2023 was a breakthrough year for cell and gene therapies, with seven FDA approvals in the U.S. and one in the European Union, according to the Alliance for Regenerative Medicine. Looking to 2024, the Washington, D.C.–based advocacy organization predicted on Monday in its annual Cell & Gene State of the Industry Briefing that the sector could see up to 17 approvals in the U.S. and EU.