Biotech proposes paying for pricey drugs by instalment

Wall Street Journal

8 January 2019 - Bluebird Bio develops plan to sell gene-replacement therapy with annual payments contingent on continued effectiveness.

A Boston-area biotech says it may have a found a way to handle the expected seven-figure cost of its experimental gene therapy: paying on instalment.

Bluebird Bio is developing plans to sell its first gene-replacement therapy, for a rare inherited blood disease, on a five-year instalment plan, with each annual payment contingent on its treatment’s continued effectiveness.

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Michael Wonder

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Michael Wonder

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US , Pricing , Cellular therapy