
CRISPR-based gene editing revolutionized medicine—what's next for the firm that helped develop it?
CRISPR-Cas 9 is a gene-editing tool that made it possible to rewrite any organism's genetic code and tackle genetic diseases more effectively.
Known as genetic scissors, CRISPR identifies a DNA sequence that is cut by an enzyme called Cas 9. It then changes or replaces that sequence with a different section of DNA.
For this discovery, co-inventors Emmanuelle Charpentier and Jennifer Doudna received the Nobel Prize in Chemistry in 2020.
"By our interest in the lab to find new molecules that could have a role in in the bacterium streptococcus pardonus , we came across a very neat mechanism that allows to really recognize the virus that infects the bacterium in a very, very specific minor at the level of the genome of the virus. And we exploited this natural mechanism to develop the CRISPR-Cas9 technology," Emmanuelle Charpentier said in an interview with CNBC's The Edge.
In 2013, Charpentier co-founded CRISPR Therapeutics to fulfil her lifelong goal of finding cures for diseases.
A decade later, the company and its partner Vertex Pharmaceuticals developed CASGEVY, a therapy to treat blood disorders beta thalassemia and sickle cell disease.
"With CASGEVY, we're taking the bone marrow cells from the patient, making the edit for that particular patient and we're putting it back into the patient, and it reconstitutes the hematopoietic system of the patient. We're making a drug just for you," CRISPR Therapeutics' CEO Samarth Kulkarni told The Edge.
CASGEVY is a one-time therapy that costs $2.2 million per patient and can be administrated on patients 12 years of age and older. In 2023, it became the first CRISPR-based gene editing therapy to be approved by the Federal Drug Administration.
CRISPR Therapeutics currently has seven clinical and ten pre-clinical programs across oncology, autoimmune cardiovascular disease and diabetes, and is investigating next generation editing modalities.
Watch the video above for the full interview with Professor Charpentier from Berlin, Germany, and a tour of CRISPR Therapeutics' facilities in Boston, Massachusetts.
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Growth is fueled by increased adoption in research and industry, advancements in CRISPR tools, and rising investments in biotechnology. Key applications include drug discovery and gene therapy, with pharmaceutical and biotech companies dominating the market. North America leads the sector, driven by innovative research and strong investment. Amidst this expansion, companies like Thermo Fisher Scientific and Merck KGaA emerge as market leaders, shaping the competitive landscape with new developments and collaborations. CRISPR Market Dublin, June 04, 2025 (GLOBE NEWSWIRE) -- The "CRISPR Market by Offering [Product (Kits, Enzymes, Libraries), Service (gRNA Synthesis, Cell Line Development, Screening, Validation)], Application (Drug Discovery, Development, Agriculture) Competitive Landscape, Company Profiles -Global Forecast to 2030" has been added to offering. The global CRISPR market is set to expand from USD 3.21 billion in 2025 to USD 5.47 billion by 2030, registering a robust CAGR of 11.2% The report presents an analysis of market drivers, focusing on the rising demand for CRISPR-based therapies and ongoing technological advancements. It identifies key opportunities for CRISPR in areas such as vaccines and genetic disease treatments. A comprehensive evaluation of market shares and growth strategies of leading companies is included, along with an overview of challenges, particularly regulatory hurdles, that affect market progression. Growth is fueled by the technology's expanding use in research, clinical, and industrial applications, supported by increased investments in biotechnology R&D and the growing prevalence of genetic disorders. As CRISPR tools and delivery systems improve, and regulatory frameworks become more supportive, the integration of CRISPR into research and therapeutic pipelines accelerates. Leading companies include Thermo Fisher Scientific Inc., Merck KGaA, Agilent Technologies, GenScript, Takara Bio, Creative Biogene, Fujian SunyBiotech, Caribou Biosciences, Lonza Group, Danaher Corporation, among others. Products Dominated the Market in 2024 The CRISPR market is divided into products and services. The products segment, which includes CRISPR kits & enzymes and CRISPR libraries, leads the market. These products are essential in academic, clinical, and industrial research for genome editing and therapeutic development. This segment's growth is driven by the demand for standardized and innovative CRISPR products. Drug Discovery & Development: A Fast-Growing Application Segment Within applications, drug discovery & development is the largest and fastest-growing segment, leveraging CRISPR to find gene-disease links and streamline drug functions. This reduces timelines and increases success probabilities. Pharmaceutical and biotechnology firms are pivotal in incorporating CRISPR for personalized medicine and functional genomics, further driving the technology's adoption. Pharmaceutical & Biotechnology Companies' Market Dominance in 2024 These companies led the CRISPR products market in 2024, thanks to increased investment in cell and gene therapies, and the need for precise genetic tools. Their financial strength allows them to implement advanced CRISPR technologies effectively, bolstering their market position. North America's Leadership in the CRISPR Market North America, with its prominent research institutions and substantial biotech investments, captured the largest CRISPR market share in 2024. The region's emphasis on medical research and personalized medicine offers it a competitive edge. European markets, especially in Germany, the UK, and France, are also seeing robust growth due to heightened R&D activity. Key Attributes: Report Attribute Details No. of Pages 267 Forecast Period 2025 - 2030 Estimated Market Value (USD) in 2025 $3.21 Billion Forecasted Market Value (USD) by 2030 $5.47 Billion Compound Annual Growth Rate 11.2% Regions Covered Global Market Dynamics Drivers Growing Demand for Crispr-Based Gene Therapies Advancements in Crispr Technology Growing Government and Private Investments and Funding for Crispr Technology Restraints Technical Challenges Associated With Crispr Technology Opportunities Development of New Vaccines and Treatments for Genetic Diseases Expanding Industrial and Agricultural Applications of Crispr Challenges Regulatory Hurdles for Crispr Advancements Technology Analysis Key Technologies Crispr-Cas Systems Grna Design & Optimization High-Throughput Crispr Screening Complementary Technologies Synthetic Biology Single-Cell Genomics Next-Generation Sequencing Adjacent Technologies Stem Cell Engineering Synthetic Dna & Gene Synthesis Microfluidics Company Profiles Thermo Fisher Scientific Inc. Merck Kgaa Agilent Technologies, Inc. Genscript Revvity Lonza Danaher Corporation Takara Bio Inc. Creative Biogene Fujian Sunybiotech Co., Ltd. Editco Caribou Biosciences, Inc. Hera Biolabs Origene Technologies, Inc. Cellecta, Inc. Mammoth Biosciences, Inc. Applied Stemcell New England Biolabs Toolgen, Inc. Genecopoeia, Inc. Twist Bioscience Synthego Egenesis Inscripta, Inc. Precision Biosciences For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment CRISPR Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data