After
reading the article written by the Boston
Globe’s Robert Langreth titled, “Money flows again to gene-therapy drugs
investors once shunned”, it is abundantly clear that gene-therapies are in our
near future for treatment. Although there are still a lot of research that is
being done to make sure that the therapies are safe, there are a lot of
biomedical and pharmaceutical companies that are hopping on board in terms of
funding.
This
treatment approach has always appeared to have a lot of promising points even
after some patients suffered fatal side effects in the 1990’s and the early
2000’s. Thanks for financing that enabled more research to be done in the field
there have been some extremely promising clinical trials that show new delivery
methods that are much safer for patients. Most recent clinical trial successes
have been for patients affected by hemophilia, eye disease, and cancer. The
funding that is being done by biomedical and pharmaceutical companies are
appearing so promising that there are actual companies that are opening stock
specifically for gene therapy technology such as the therapeutic company,
Regenxbio.
From a
consumer perspective, with all of these companies that are being involved it
really begs the question of how much will this therapy cost and how will
insurance companies be a part of it, if at all? The article from the Boston
Globe does not touch upon how it will be available to patients and I feel as
though that is a huge point that should have been mentioned.
References:
http://www.regenxbio.com/
https://www.bostonglobe.com/business/2015/05/20/money-flows-aain-gene-therapy-drugs-investors-once-shunned/8SfciTEqF032uDRS4fhpxN/story.html
I don’t think that gene therapies are going to cost a lot of money because gene therapies sound very easy. Even if it might cost a lot of money and insurance companies did not cover it, many people would do it. Gene therapy could change many lives. Great job Bridget.
ReplyDeleteI totally agree with you. All the equations you asked need answers to clear all the confusion. If the companies found the cure of big diseases, they will control the market and exploit the patients' need for the treatment.
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