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Methuselah Foundation Announces $1 Million "New Ogran Liver Prize" in Tissue Engineering

RATE THIS! +43
Posted in Business on 9th Dec, 2013 12:21 AM by AlexMuller

The New Organ Liver Prize is the first in a series of whole organ challenges and awards designed to help solve the global organ shortage, which affects millions of people around the world.

 

There are presently over 120,000 on the organ wait list in the U.S alone, many of whom will die before finding a compatible donor. Even those fortunate enough to receive an organ in time face ongoing medical difficulties, often for the rest of their lives.

 
New prospects for whole organ regeneration, engineering, and preservation offer potentially powerful solutions to this health crisis, but tissue engineering research is currently underfunded, receiving less than $500 million annually in the U.S. compared to $5 billion for cancer and $2.8 billion for HIV/AIDS. Neither the NIH nor the NSF provide signi"cant funding for whole organ tissue engineering, and the field also suffers from difficult regulatory hurdles as well as broader shortfalls in biotechnology investment for pre-clinical research.
 
Methuselah Foundation CEO David Gobel commented, “Regenerative medicine is the future of health care, but right now the field is falling through the cracks. The New Organ Liver Prize is a celebration of how far we’ve come in organ transplantation to date, and a rallying &ag to mobilize the funding and attention required to take it to the next level.”
 
Bernard Siegel, founder and co-chair of the World Stem Cell Summit and executive director of the Genetics Policy Institute (GPI), said, “Growing a whole, healthy organ is one of the ultimate goals of regenerative medicine. The world stem cell community enthusiastically supports the ambitious aim of the Methuselah Foundation in launching the New Organ Liver Prize and the mobilization of this competitive challenge for researchers to cure disease and alleviate human suffering through tissue engineering.”
 
New Organ has been endorsed by prominent doctors and scientists across the field of regenerative medicine, including Dr. Anthony Atala of Wake Forest, Dr. Stephen Badylak of the University of Pittsburgh, and the Founding Fellows of TERMIS (Tissue Engineering and Regenerative Medicine International Society)
 
“Regenerative medicine and tissue engineering are at the cusp of conquering the final frontier, the fabrication of vital organs to de"nitively solve the organ donor shortage,” said Dr. Joseph Vacanti of Massachusetts General Hospital. “New Organ will help catalyze the efforts to solve the remaining problems to bring this life saving technology to all of the people who desperately need it.”
 
Incentive prizes can be powerful levers for raising the visibility and prestige of scientists working in new areas of research. Prizes have helped launch entire industries in the past, such as the Orteig Prize won by Charles Lindbergh in 1927, which transformed U.S. aviation. They are known for attracting new capital to difficult problems, motivating top minds as well as non-traditional players, accelerating timelines of discovery, forcing regulatory reform, and galvanizing public demand.

Tags: organliverregenerative medicinehealthorgan regenerationincentive prizes

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Comments

Author: Guest
Posted: 2013-12-09
+2
Regenerative medicine is immensely important and needed boost and direction. This Liver Prize is the right thing to do
3 Replies
Author: Guest
Posted: 2013-12-09
+0
3D printing is already known in cardiovascular innovation. Branched vessel structures can be generated by Inkjet printing technology.
 Reply
Author: Guest
Posted: 2013-12-09
+0
For blood vessels, there is suitable bio-inks for 3D printing technology. The transparent liquids consist of components from the natural tissue matrix and living cells. Reply
Reply
Author: Guest
Posted: 2013-12-09
+0
Availability of organs and compatibility with donors are bottleneck for transplantation. Regeneration and organ production would solve this huge problem
1 Replies
Author: Guest
Posted: 2013-12-09
+0
Depending on organ donors is a difficult situation for many patients. I hope that we will find an alternative to dependence upon donation Reply
Reply
Author: Guest
Posted: 2013-12-09
+2
Application of stem cells research and further development of 3D printing good options to address these issues
7 Replies
Author: Guest
Posted: 2013-12-09
+1
Bioprinting should be supported- bioprinting efforts are ongoing, funding is coming and there are already companies established based on this idea. Reply
Author: Guest
Posted: 2013-12-09
+0
Organovo is very prominent in this area. Organovo’s bioprinting process centers around the identification of key elements of a target tissue, and the creation of a design that can be utilized by a bioprinter
1 Replies
Author: Guest
Posted: 2013-12-09
+0
Yes, Organovo is one of the firms pioneering the use of printed live structures for medical purposes Reply
Reply
Author: Guest
Posted: 2013-12-09
+2
The principle of 3D printing has been around for more than a decade, and is already used successfully to create jewellery, toys, furniture or cars- it is now time for bioprinters! Reply
Author: Guest
Posted: 2013-12-09
+0
It is hugely challenging task and this prize should help to provide funding and lift the spirit Reply
Reply
Author: Guest
Posted: 2013-12-09
+1
Regenerative medicine is the key. The future of medicine lies in understanding how the body creates itself out of a single cell and the mechanisms by which it renews itself throughout life.
2 Replies
Author: Guest
Posted: 2013-12-09
+1
This seem to be the case and many aspects of regenerative medicine are still to be perfected before any human trials start. Reply
Reply


 

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