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Biocapital and Innovation Paths: The Exploitation of Regenerative Medicine

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The Global Dynamics of Regenerative Medicine

Part of the book series: Health, Technology and Society ((HTE))

Abstract

This chapter examines the dynamics of innovation in regenerative medicine (RM), focusing specifically on the contemporary activities of European-based RM firms. For the purposes of this chapter the term ‘innovation’ is taken to refer to the development and deployment of novel technologies. As Chapters 1 and 2 have shown, ‘regenerative medicine’ is a heterogeneous domain incorporating a range of technologies. Different technological options within RM can be complementary or in competition with one another depending on how their deployment is envisaged. The heterogeneity of RM is not limited to specific material technologies, but also encompasses different models of how its products might be delivered in the clinic, how they might be reimbursed under different financial health care regimes, and different aims in terms of the diseases and patient populations particular RM technologies are best suited to address. There are thus different pathways which innovation in RM can potentially follow.

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© 2013 Michael Morrison, Stuart Hogarth, and Beth Kewell

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Morrison, M., Hogarth, S., Kewell, B. (2013). Biocapital and Innovation Paths: The Exploitation of Regenerative Medicine. In: Webster, A. (eds) The Global Dynamics of Regenerative Medicine. Health, Technology and Society. Palgrave Macmillan, London. https://doi.org/10.1057/9781137026552_3

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