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UK cost watchdog recommends Novartis' blindness therapy Luxturna [Reuters (UK)]

SPARK THERAPEUTICS INC (ONCE) 
Last spark therapeutics inc earnings: 11/7 04:35 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.sparktx.com/investor-overview
Company Research Source: Reuters
UK cost watchdog recommends Novartis' blindness therapy Luxturna - Reuters 2 Min Read (Reuters) - Novartis AG’s ( NOVN.S ) gene therapy for blindness, Luxturna, is recommended for use on England’s public health service, the country’s healthcare cost-effectiveness watchdog NICE said on Tuesday. Novartis owns the rights to sell the one-time gene therapy developed by Spark Therapeutics ( ONCE.O ) outside the United States. The decision by the National Institute for Health and Care Excellence (NICE) comes as a boost to the Swiss drugmaker, which had come under regulatory scrutiny for data discrepancy issues related to its $2 million gene therapy, Zolgensma. Novartis has been expanding into gene and cell therapies for rare diseases and licensed Luxturna last year, for $105 million upfront, up to another $65 million in milestone payments, and royalties on sales. The gene therapy, injected directly into the retina, won EU approval last November, to treat patients suffering from inherited Show less Read more
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