“…In the United States and Europe, regulatory structures actively support therapeutic development, even for rare or orphan diseases. The gene-therapy product Glybera (alipogene tiparvovec), approved by the European Medicines Agency in 2012 for a condition that can cause life-threatening pancreatitis, is an example of establishing efficacy for a complex, innovative product with a small, but rigorous trial 9 . However, many companies are not equipped, scientifically or technologically, to develop therapies from promising biological advances in the five or so years that their investors demand.…”