Patients will benefit if Europe modernizes its policy framework to reflect the distinct promise of cell and gene therapy, the Alliance for Regenerative Medicine will highlight in 29 November EU Parliament event

Patients will benefit if Europe modernizes its policy framework to reflect the distinct promise of cell and gene therapy, the Alliance for Regenerative Medicine will highlight in 29 November EU Parliament event

Event will feature first pediatric patient to receive a CAR-T therapy and focus on policy recommendations to reverse Europe’s declining competitiveness

BRUSSELS – 24 November 2022

The European Union can reverse its declining competitiveness and ensure patient access to transformative treatments if it modernizes its policy and regulatory framework to reflect the distinct promise of cell and gene therapies as the future of medicine, the Alliance for Regenerative Medicine (ARM) will say during an event at the EU Parliament on 29 November.

ARM and Member of the European Parliament Dr. Stelios Kympouropoulos of the European People’s Party will highlight concerning trends for advanced therapy medicinal product (ATMP) developers, clinical trials, and investment in the EU.

“Cell and gene therapies represent tremendous hope for patients with serious diseases in the EU – but if we don’t act to ensure patients have access, hope is all we will have,” said MEP Kympouropoulos, who lives with spinal muscular atrophy, a rare genetic neuromuscular disease. MEP Kympouropoulos recently signed a letter with 25 MEPs asking the European Commission not to undermine the European pharmaceutical and biotechnology sectors with its upcoming proposal to revise the EU pharmaceuticals legislation.

The 29 November event – The Future of ATMPs in Europe -- will focus on the first-in-a-generation revision of the EU pharmaceuticals legislation, the future implementation of the EU Regulation on Health Technology Assessment, and other key policy initiatives that will determine the role of cell and gene therapies in Europe’s healthcare landscape for years to come.

“If Europe modernizes its policy and regulatory framework to truly embrace ATMPs as the future of medicine, European patients living with cancer, rare diseases, and other serious and often life-threatening disorders will benefit tremendously,” said Timothy D. Hunt, chief executive officer of ARM. “The same policies and approaches that brought us yesterday’s biomedical innovation simply will not work for the cell and gene therapies of today and tomorrow. The EU has led before -- and can lead once again -- but the time to act is now.”

Seven of the 23 ATMPs that have been approved in the EU have been withdrawn from the market. ARM’s data further illustrates the sector’s struggles in Europe: