“Is Curing Patients A Sustainable Concern Model?” Goldman Sachs Analysts Ask
Of course of study not.
The existent coin is inward the never-ending quest. Call it the subscription—prescription model.
From Ars Technica:
Analyst study notes that Gilead’s hep C cure volition brand less than $4 billion this year.
The existent coin is inward the never-ending quest. Call it the subscription—prescription model.
From Ars Technica:
Analyst study notes that Gilead’s hep C cure volition brand less than $4 billion this year.
One-shot cures for diseases are non groovy for business—more specifically, they’re bad for longterm profits—Goldman Sachs analysts noted inward an Apr 10 study for biotech clients, first reported past times CNBC.
The investment banks’ report, titled “The Genome Revolution,” asks clients the touchy question: “Is curing patients a sustainable describe of piece of employment organisation model?” The respond may live on “no,” according to follow-up data provided.
Analyst Salveen Richter as well as colleagues seat it out:
The potential to deliver “one shot cures” is ane of the to a greater extent than or less attractive aspects of cistron therapy, genetically engineered jail cellular telephone therapy, as well as cistron editing. However, such treatments offering a really dissimilar outlook alongside reckon to recurring revenue versus chronic therapies... While this suggestion carries tremendous value for patients as well as society, it could correspond a challenge for genome medicine developers looking for sustained cash flow.For a real-world example, they pointed to Gilead Sciences, which markets treatments for hepatitis C that select cure rates exceeding xc percent. In 2015, the company’s hepatitis C handling sales peaked at $12.5 billion. But equally to a greater extent than people were cured as well as at that spot were fewer infected individuals to spread the disease, sales began to languish. Goldman Sachs analysts gauge that the treatments volition select inward less than $4 billion this year....MORE
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