Regenerative medicine, otherwise known as tissue engineering, focuses on the repair and regeneration of cells, tissues, and organs using cellular therapies, stem cells, and foreign biological material. This paper explores a variety of advancements in regenerative medicine, including treatments like Lantidra for Type 1 diabetes, platelet-rich plasma (PRP) therapy for tissue repair, and umbilical cord blood (UCB) transplants for hematologic conditions.  The research reviewed includes studies and clinical trials that highlight the efficacy, applications, and underlying challenges of these innovative therapies. Within our sources, the research includes FDA-approved treatments, clinical outcomes from UCB transplants, and the budding role of PRP in regenerative medicine.  Although the paper highlights the importance of these up-and-coming treatments, ethical considerations and accessibility issues related to these treatments are noted as well.  Lantidra, the first FDA approved allogeneic pancreatic islet cell therapy, for the treatment of type 1 diabetes, has demonstrated significant potential in reducing or eliminating insulin dependency in Type 1 diabetes patients [2]. PRP therapy has proven effective in thorough acceleration of tissue repair in sports and chronic injuries, as well as cosmetic procedures. [3]. UCB transplants offer promising alternatives for patients with no suitable bone marrow donors, though challenges in immune reconstitution, side effects, and equitable access to these transplants remain.  While regenerative medicine therapies provide promising treatments to chronic diseases and promote tissue repair, all challenges and consequences including accessibility, cost, and ethical concerns must be thoroughly examined prior to implementation into present-day medicine. Continued research and policy development are crucial to expanding the benefits of these treatments worldwide.