Chimeric Antigen Receptor T-Cell therapy, or CAR T-cell therapy, has revolutionized cancer treatment. First approved by the US Food and Drug administration in 2017, over 34,000 cancer patients have been treated to date.
However, while CAR T-cell therapies have proven to be highly effective against certain cancers, the costs associated with the development and administration of CAR T-cells are unacceptably high. In the US alone, estimates show that treatment of a single patient can cost between $300,000 and $600,000.
Clearly, while the science (and results) behind CAR T-cell treatments is exciting, the sky-high price tag associated with treatment must come down. Thankfully, there are ways to approach this issue.
BioInformant, the world’s largest stem cell industry blog says, “The high cost makes it (CAR-T cell therapy) inaccessible for many patients and poses a challenge for healthcare systems worldwide.”
In its coverage on the industry, the publication includes five ways to help reduce the costs of this life-saving treatment.
They are:
1: Producing the therapy in countries with lower manufacturing costs
2: Implementing point of care manufacturing
3: Developing off-the-shelf (allogeneic) CAR T-cell therapies
4: Engineering CAR-T cells inside the body (in Vivo)
5: Expanding CAR-T to other indications
Of the high costs of CAR T-cell therapies, Peter Choo, Chairman of CytoMed Therapeutics (NASDAQ: GDTC) said, “Our goal, and I believe the goal of the entire industry, is to greatly reduce the costs of CAR-T cell therapy…
“Currently, while the technology has proven to be very beneficial, its cost is a very high barrier for the vast majority of those in need. BioInformant makes very good points in its coverage.
“I would add that our mission at CytoMed is to create a CAR-T cell therapy that incorporates most of BioInformant’s cost-cutting points, especially points 1,2, 3 and 5. Producing the therapy in a lower cost manufacturing region, and on-site in Asia. Developing an off-the-shelf, allogeneic therapy and expanding our therapies to treat a multitude of cancers, both solid tumors and blood.”
By manufacturing an allogeneic, off-the-shelf CAR T-cell therapy that targets a wide range of cancers, CytoMed Therapeutics, with manufacturing facilities in Malaysia, could help to not only reduce the high cost of CAR-T cell therapies, but bring the costs down enough to treat a much larger pool of qualified patients.
To learn more about CytoMed Therapeutic’s technology, visit HERE
Or, to read the BioInformant coverage, visit HERE
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