Groups Uniting To Grow Global Regenerative Medicine Sector

South Korea, the U.S. and Japan are among the leading countries involved in the commercialization of stem cell therapies, with Japan’s Ministry of Economy, Trade and Industry (METI) estimating that the global regenerative medicines (RM) industry will grow strongly to reach a massive JPY53 trillion ($449 billion) by 2050. Groups in all three countries are now working closely to overcome the challenges in the sector, a recent conference in South Korea heard.