CSL, uniQure one-time hemophilia B gene remedy turns into most costly drug at $3.5M

CSL (OTCPK:CSLLY) (OTCPK:CMXHF) has priced its one-time gene remedy Hemgenix for hemophilia B at $3.5M, making it the most costly drugs on the earth, Reuters reported.

On Tuesday, the U.S. Meals and Drug Administration (FDA) permitted uniQure (NASDAQ:QURE) and Australia-based CSL’s unit CSL Behring’s Hemgenix for adults with hemophilia B who’re at the moment present process Issue IX prophylaxis remedy or who’ve skilled recurrent bleeding episodes or deadly hemorrhages.

Nonetheless, Cowen analyst famous that that the medication was priced larger than the agency’s estimated $1.9M however its consultants had been optimistic in regards to the therapy’s uptake, the report added.

In Could 2021, uniQure and CSL accomplished their licensing deal for the gene remedy. Beneath the settlement, uniQure has acquired funds from CSL totaling ~$500M and is eligible to obtain as much as a further $1.5B in industrial milestone funds, plus royalties.

Just a few months in the past, the FDA already permitted two different costly gene therapies, Zynteglo and Skysona, each from bluebird bio (BLUE).

Skysona, which was permitted in September to deal with a uncommon neurodegenerative illness referred to as cerebral adrenoleukodystrophy, was priced at $3M. Whereas, Zynteglo to deal with sufferers with beta-thalassemia is priced at $2.8M.