How to avoid a disastrous gene therapy price battle

Bloomberg

18 November 2017 - Single-use drugs that could cure diseases are valuable -- but wildly expensive.

Drugs that modify human genes have the potential to cure intractable diseases with just one treatment. Few could disagree that's a good thing. But if these same drugs cost $1 million or more a pop, then the disagreements begin.

Philadelphia gene-therapy maker Spark Therapeutics Inc. -- whose eye-disease drug is likely to be the first such medicine approved for use in the U.S. -- generated backlash recently for suggesting such a high price may be justified. As more of these medicines hit the market, conflict will likely grow between those who make them and those who must pay for them.

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Michael Wonder

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Michael Wonder

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US , Pricing , Gene therapy