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6.16332819722674E-05 0.000205444273240843 0.0035952747817154 0.0105803800719055 0.00852593733949664 0.00790960451977397 0.00534155110426293 0.0103749357986645
Stock impact report

Why Gene Therapy Is More Cost Effective Than Biogen's Approved Drug [Investor's Business Daily]

Ionis Pharmaceuticals, Inc. (IONS) 
Last ionis pharmaceuticals, inc. earnings: 2/26 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ionispharma.com
Related news An experimental gene therapy from Novartis ( NVS ) will be more cost effective than Biogen ( BIIB ) and Ionis Pharmaceuticals ' ( IONS ) treatment for a muscle-wasting disease, experts said this week. Biogen and Ionis grabbed approval for Spinraza in late 2016. So far, it's the only drug on the market in the U.S. to treat spinal muscular atrophy , a genetic disease of the nerves that control muscles. But Novartis is hoping to follow in 2019 with its gene therapy called Zolgensma. If priced at the $2 million mark, Zolgensma is more cost effective than Spinraza, experts with the Institute for Clinical and Economic Review said in a report late Thursday. "These findings could offer support for Novartis in pricing and access negotiations for Zolgensma ahead of the 2019 estimated approval," Leerink analyst Geoffrey Porges said in a report to clients on Friday. The report measures disease burden over time. It uses a metric called a quality-adjusted life year . One quality-adjust Show less Read more
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