I don’t necessarily agree with that, Freddie. With the “7-10 years after discovery” estimate, you have to recall that what you’re talking about is basically the US FDA, and European Union regulatory agencies ONLY, that will impose such huge hurdles.
For much of the remainder of the world, like India, China and most of the Far East (except Japan to some extent), Latin America, and numerous small, independent developing countries, islands and territories around the world, the 7-10 years-for-approval thing doesn’t apply at all… in fact, it would be short-sighted to see it that way.
It’s only going against our own interests if we keep our US and EU based blinders on and discount all the possibilities of new developments being brought to the market and commercialized in some of these low-regulation jurisdictions. We already know this is a totally globalized world economy and semi-conductors and silicon chips are built in Thailand, Malaysia, etc. There is really no connection anymore between the perceived state of development of a country (in Western eyes), and the level of technology you can see there. Global medical tourism to developing countries has boomed in recent years, and it doesn’t only have to be for facelifts, botox, and liposuction, it can just as easily be for cell-based hair regeneration treatment, if such a procedure is discovered.
I think as soon as a reliable, effective cell-based treatment is announced – whatever it is – you’ll start seeing clinics popping up in places like the United Arab Emirates, Singapore, China, India, Russia, Brazil, etc., doctors familiarizing themselves with the technology and offering such a procedure.
I hate to say this, but the bottom line is that those of us who live in places like North America and Western Europe who can afford to go overseas to get the procedure 7-10 years before it’s approved here, will do so, and those of us who can’t afford it, will have to wait. At the end of the day it only boils down to that.
The reason Dr. Nigam interests me so much is not because of what he’s already accomplished, which is nothing spectacular, but what he is obviously preparing himself to do. For that reason alone I think we ought to respect the guy and keep the lines of communication with him open.