NASSAU, The Bahamas – Prime Minister Philip Davis said The Bahamas is embracing medical innovation while ensuring strong ethical and regulatory standards through the Longevity and Regenerative Therapies Act, 2024 (LARTA).
Speaking at the grand opening of Quantum Longevity AI, the Prime Minister described the launch as “a real moment for The Bahamas and the world,” as global demand for preventative, data-driven, and regenerative healthcare continues to grow.
“Across the globe, people are thinking about health in a new way,” he said. “With that speed comes risk. Hype travels fast. Bad actors travel fast. Patients can get hurt when there are no clear rules. So leadership in this space means two things at the same time: welcoming innovation, and setting standards that people can trust.”
The Prime Minister said LARTA establishes a clear national framework for approving and regulating longevity and regenerative therapies, supported by a National Board and Ethics Review Committee.
He also underscored the economic potential of the wellness sector:
“If we build this sector the right way, patients will come for care, and they will also support the wider Bahamian economy through hotels, restaurants, transportation, and local experiences across New Providence and the Family Islands.”
“And we want Bahamians in this industry – trained, hired, promoted, and positioned to lead.”
Prime Minister Davis congratulated Alan Quasha, Barbara Ann Bernard, Dr. Daniel Johnson, and the Quantum Longevity AI team, saying:
“Thank you for building something that matches ambition with rules people can trust. This is what the future can look like – right here in The Bahamas.”