India has over 1.5–2 M people suffering from incurable diseases such as dry age-related macular degeneration and retinitis pigmentosa. Foresight 2023 was intended to provide a spotlight on the diseases and enrich the Indian ecosystem by bringing in leaders in this field from India and abroad on a common platform.
“An honour to attend Foresight 2023,” said Dr. David Gamm, Director, McPherson Eye Research Institute, University of Wisconsin, who was the plenary speaker at the Foresight 2023 summit. “It was my privilege to meet everyone and become familiar with the impressive science and medicine taking place in Bangalore, and across India. But even greater than the cutting-edge science currently being pursued here is the limitless potential for future global advancements originating from India.”
With an aim to maximise India’s potential as a go-to destination in the field of biotechnology, Foresight 2023 provided key stakeholders with a platform in the ecosystem to share their knowledge, insights, and research on retinal cell and gene therapy and build a collaborative and supportive community. The summit brought together renowned global experts and leaders so as to harness the power of the global collective in finding cures for some of the most pressing eye diseases plaguing humanity.
On this occasion, Dr. Jogin Desai, CEO and Founder of Eyestem, said, “Through collaboration and knowledge-sharing, we can drive innovation and create scalable platforms to address the unmet needs of patients globally. We hope that, by gathering together some brilliant minds under one single roof, this summit has helped in catalysing further discoveries and advancements in the treatment of retinal diseases.”The keynote speaker at the event was Dr. Kapil Bharti, Scientific Director, National Eye Institute – National Institutes of Health, while Prof. David Gamm, Director, McPherson Eye Research Institute, University of Wisconsin, was the plenary speaker. While Dr. Bharti spoke about his journey of bringing the world’s first autologous RPE therapy into clinical trials, Dr. Gamm held the audience spellbound with the depth of his science. Dr. Chad Jackson, Head of Pre-Clinical Translation at Foundation Fighting Blindness, shared the stunning progress achieved at FFB in helping to treat incurable blindness. He said: “The foundation has raised almost $900 M so far in helping find cures for these diseases, and we would love to explore collaborations in India to help create a philanthropic movement in funding these cures.”Dr. Kapil Bharti said, “Currently available cell and gene therapies cost north of $150,000 per dose. Eyestem’s mission is to make such therapies affordable to a large part of the world. With a highly trained and effective team, they aim to reduce the overhead cost to make this ambition a reality.”
At Foresight 2023, attendees had the opportunity to engage with industry veterans and gain insights into various crucial aspects of retinal diseases, cell-based therapeutics, gene editing, genetic modifications, product development in cell therapy, as well as disease modelling and drug screening.
As pioneers of accessible healthcare solutions, Eyestem Research envisions a world where advanced therapies are available to all, irrespective of economic barriers. Foresight 2023 represented a pivotal step towards realising this vision by fostering partnerships and discussions that have the potential to change the landscape of retinal diseases.
Headquartered in Bangalore and Delaware, Eyestem Research is a clinical-stage biotechnology company, which was started by a founding team with several decades of experience in pharmaceutical product development, ophthalmology, and cell biology.
In addition to being backed by global investors in Switzerland and South Africa, it is backed by two of the most prestigious venture capital firms in the country – Kotak Investment Advisors and Endiya Partners. Its most recent fundraise was backed by a consortium of three multi-billion dollar Indian pharmaceutical companies – Alkem Laboratories, NATCO, and Biological E. Eyestem’s long-term vision is to create a scalable cell therapy platform to treat incurable diseases and democratise access to these newer technologies for the bottom 99% of the population globally.
