Merck to Launch Advanced Gene Therapy Testing in Shanghai, Boosting China's Biotech Industry

November 19, 2024
Merck to Launch Advanced Gene Therapy Testing in Shanghai, Boosting China's Biotech Industry
  • Shanghai's action plan aims to boost its gene therapy innovation capacity by 2025, with projects like the Zhangjiang Cell and Gene Industry Park set to enhance technological development in the sector.

  • Merck Testing plans to introduce advanced stem cell and gene therapy testing technologies from its parent company within six months, significantly enhancing its operations in Shanghai's Free Trade Zone.

  • On November 14, 2024, six foreign-invested biotechnology companies, including Merck Testing and Frontera Therapeutics, expanded their business scope to include cell and gene therapy in Shanghai's Pudong New Area.

  • The approved products from these companies can now be utilized nationwide in China, highlighting the country's commitment to liberalizing its healthcare sector.

  • Chen Li from Neukio Biotherapeutics emphasized that this regulatory change will accelerate the domestic cell and gene therapy industry and attract significant foreign investment and talent.

  • Pudong has emerged as a core hub for the cell and gene industry, with three CAR-T products already approved and ongoing developments targeting major illnesses.

  • Shanghai's commitment to international cooperation in life sciences was underscored by Chen Jining, Party secretary of Shanghai, during the recent International Biopharma Industry Week.

  • The revised business scope enhances the investment environment in China's cell and gene therapy sector, which is already recognized as a global leader.

  • This policy relaxation is expected to attract advanced technologies and expertise from multinational companies, fostering collaborations with local research institutions.

  • This initiative marks a significant milestone in a pilot project that allows foreign companies to engage in human stem cell development, gene diagnostics, and therapeutic technologies in Pudong.

  • The initiative follows a September announcement by the Ministry of Commerce, National Health Commission, and National Medical Products Administration, permitting foreign participation in eight cities for product registration and production.

  • Cell and gene therapy represents a new generation of precision medicine aimed at treating serious conditions such as tumors and rare diseases.

Summary based on 1 source


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