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The Longevity and Regenerative Therapies Bill, 202 The Longevity and Regenerative Therapies Bill, 2024 establishes a comprehensive legal framework in The Bahamas to regulate, approve, and oversee all therapies related to longevity, stem cells, gene therapy, immunotherapy, and regenerative medicine. Its purpose is to ensure that advanced medical treatments are developed and administered safely, ethically, and in alignment with global scientific standards, while promoting innovation and positioning The Bahamas as a leader in medical and wellness tourism.
The Act creates several governing bodies, including the National Longevity and Regenerative Therapy Board, responsible for fostering innovation, developing standards, monitoring compliance, and reporting to the Minister. It also establishes an independent Ethics Review Committee, which evaluates and approves applications for new therapies or research based on safety, efficacy, and ethical considerations.
The Bill outlines clear application and approval procedures for individuals or institutions seeking to administer or research therapies. Approvals may be full, provisional, or research-based, and no therapy can begin without written authorization. It further grants the Board powers to request information, inspect facilities, and maintain a national registry of approved therapies.
Strict prohibitions are included, such as bans on human embryo genetic modification intended for birth, unauthorized gene therapy testing, germline editing, and other unsafe or unethical practices. A Monitoring Body is created to ensure ongoing compliance with standards, inspect premises, and review marketing practices.
The Act also imposes licensing requirements for health facilities, gives the Minister authority to suspend unsafe operations, and sets out stringent penalties for violations, including fines and imprisonment. Finally, it repeals the previous Stem Cell Research and Therapy Act and preserves valid approvals issued under that legislation.
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