$BLUE $CI $NOVN.EB $ONCE: Biotech Proposes Paying for Pricey Drugs by Installment

Date: Tuesday, January 8th, 2019

Stock(s) mentioned: , , ,

Source: Wall Street Journal (https://www.wsj.com)

Summary: A Boston-area biotech says it may have a found a way to bring off the expected seven-figure cost of its experimental gene therapy: paying on installment. Bluebird Bio is developing plans to sell its first gene-replacement therapy, for a rare inherited blood disease, on a five-year installment plan, with each annual payment contingent on its treatment’s continued effectiveness.

Full article address: https://www.wsj.com/articles/biotech-proposes-paying-for-pricey-drugs-by-installment-11546952520

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