Unraveling the Potential of CRISPR Technology in the Gene-editing Space
A genome-editing tool called CRISPR or CRISPR/Cas9 was developed from the bacterial defense mechanism against viruses and plasmids. The technique includes a guide RNA, which is a predesigned 20 bp long RNA sequence within a more extensive RNA scaffold, and the Cas9 nuclease enzyme to produce site-directed double-stranded DNA breaks. When cutting across both DNA strands, the Cas9 enzyme is directed to the target sequence by this sequence. Depending on the structure and function, different bacterial species have different CRISPR systems. The system is currently primarily divided into two classes (I and II) and six types (I through VI). Class II accounts for just 10% of CRISPR systems and contains types II, V, and VI, while Class I accounts for 90% of all CRISPR systems and comprises types I, II, and IV. Both bacteria and archaea belong to the first class, whereas only bacteria belong to the second. The CRISPR system is more popular than other gene-editing technologies because of its effectiveness and simplicity.
North America is one of the main markets for CRISPR technology due to the extensive application of this technology in nations like the United States and Canada. The largest general scientific organization in the world, the American Association for the Advancement of Science, presented data in 2019 showing that the US-led all other nations in filing patent applications for various CRISPR-related inventions. The market is further influenced by the fact that the majority of the major CRISPR technology-based companies are situated in the US. Additionally, the regional CRISPR technology market is being supported by the developer of various CRISPR technology-based products through strategic business actions including mergers, acquisitions, licensing agreements, and others. For instance, on October 12, 2020, Takara Bio USA, Inc. and PanCELLa, a cell treatment company located in Toronto, Canada, and a biotechnology company based in Mountain View, California, US, respectively, signed agreements licensing Merck's CRISPR technology.
Evolution of CRISPR Technology
In the year 1987 Japanese scientist Ishino and his colleagues were the first to identify Clustered Regularly Interspaced Short Palindromic Repeats (CRISPR) in E.coli. Years later, Mojica and Van Soolingen found similar DNA fragments in arechea ((Haloarcula and Haloferax) and M. tuberculosis separately. Additionally, by the year 2000, Mojica's team had discovered CRISPR DNA sequences in 20 different microbial species. The primary purpose of the system was established in 2007 after the finding of genes near the CRISPR locus in 2002 and foreign viral DNA sequences in CRISPR spacers in 2005. Recent reports describe several clinical applications of CRISPR technology.
Few Important CRISPR Technology Applications
Agriculture
The use of CRISPR technology in agriculture and crop development has enormous potential. The recognition of particular DNA sequences by the CRISPR-Cas9 systems is used by numerous scientists to generate enhanced crops with high yields, extended shelf lives, and other properties.
Development of targeted medicines and treatments
The development of medications for a variety of genetic illnesses, including blood disorders and neurological disorders, among others, can be revolutionized by the CRISPR/Cas9 technology. A lot of research has been done using this technology to create new cancer treatments.
Diagnostics
Numerous biomedical applications have made substantial use of diagnostics based on CRISPR technology. In particular, the method is capable of detecting nucleic-acid-base indicators for both infectious and non-infectious disorders.
Bioenergy
Bioenergy is a popular substitute for fossil fuels, and scientists have lately achieved important strides in the generation of biofuels using CRISPR technology.
Prominent Players in the CRISPR Technology Market
Thermo Fisher Scientific Inc. – Massachusetts, United States
Agilent Technologies Inc. – California, United States
Synthego – California, United States
Mammoth Biosciences, Inc. – California, United States
Cellecta, Inc. – California, United States
Conclusion
The gene-editing industry is booming thanks to CRISPR technology, and the market for this technology right now is very crowded with leading CRISPR technology providers. DelveInsight predicts that the market for CRISPR technology will expand significantly during the projection period due to the many benefits connected with the technique, which makes gene editing simpler and easier than with other methods now in use. Researchers are also increasingly using CRISPR technology because it makes it possible to quickly alter animal and cell models. This quickens the pace of research for all diseases, including cancer, hematological disorders, and neurological disorders. Another factor that could increase the use of CRISPR technology-based diagnostic tools and accelerate market expansion is the application of this technology for diagnostic purposes in medical disciplines other than therapy.
The market for this technology is also anticipated to benefit from expanding initiatives by the government and other foundations to fund CRISPR-based research to enhance the treatment of various illnesses. For instance, the Bill & Melinda Gates Foundation awarded Intellia Therapeutics a grant in November 2020 to study in vivo sickle cell disease (SCD) treatments using its CRISPR/Cas9 genome editing technology. Intellia Therapeutics is a company that creates medicines using CRISPR gene-editing technology. As a result of these measures and the increased incidence of various diseases, emerging nations are probably going to present lucrative chances for businesses using CRISPR technology.
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