Gene Therapies
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Who is to blame for the high cost of gene therapies? #shorts
60 Minutes· 2025-12-15 21:00
Is there a bad guy in this equation. Employers who won't pay. Drug companies that are charging enormous fees for these drugs.>> The manufacturer is not the bad guy. The company's not the bad guy. Really, there's no bad guys here, Scott.We just have to recognize as society that something's changed. We have a new miraculous and expensive mode of treatment and we society need to recognize that we need to act jointly to absorb those costs. Economist Jonathan Gruber says in his view, absorbing those costs will r ...
Multi-million dollar gene therapies could lead to cost “tsunami” #shorts
60 Minutes· 2025-12-15 18:52
Today, there are more than 300 highcost genetic therapies in clinical trials, some for diseases suffered by millions of patients. >> I liken it to a coming tsunami, which is basically going to overwhelm the employer sponsored insurance system. >> Few know healthc care finance as well as Jonathan Gruber.He's chair of economics at MIT and an architect of the Affordable Care Act. What happens when you have genetic cell and gene therapies that treat cancer or heart disease, which are much more common. That's wh ...
Taysha Gene Therapies' Recent Financial and Operational Moves
Financial Modeling Prep· 2025-12-08 00:00
Taysha Gene Therapies (NASDAQ:TSHA) grants stock options to new employees under its 2023 Inducement Plan.The company's financial metrics indicate challenges, with a negative P/E ratio of -17.85 and a high price-to-sales ratio of 209.41.Despite financial hurdles, Taysha demonstrates a strong current ratio of 10.48, indicating robust short-term financial health.Taysha Gene Therapies, listed on Nasdaq as TSHA, is a clinical-stage biotechnology company focused on developing gene therapies for severe monogenic d ...
Why Novartis Stock Topped the Market Today
The Motley Fool· 2025-11-26 00:17
Core Viewpoint - Novartis received FDA approval for its new drug Itvisma, which is the first gene replacement therapy for spinal muscular atrophy (SMA), leading to a nearly 3% increase in its share price, outperforming the S&P 500 index [1][2]. Group 1: FDA Approval and Product Details - The FDA approved Novartis's Itvisma for certain forms of spinal muscular atrophy, making it the first and only gene replacement therapy for this condition, applicable to patients aged two years and older [2][4]. - Itvisma is a different formulation of the active ingredient used in Novartis's pediatric SMA drug Zolgensma, with approval based on phase 3 clinical trial data showing significant improvements in motor function [3][4]. Group 2: Market Impact and Company Performance - Following the FDA approval, Novartis's share price increased by nearly 3%, closing at $130.26, which is a significant gain compared to the S&P 500's 0.9% increase during the same trading session [1][4]. - The market capitalization of Novartis stands at $240 billion, with a gross margin of 75.34% and a dividend yield of 3.16% [5]. Group 3: Patient Population and Industry Context - The SMA Foundation estimates the patient population in the U.S. could be between 10,000 to 25,000 individuals, indicating a substantial market opportunity for Novartis's Itvisma [5]. - The approval of Itvisma represents a positive development for gene therapies, which have faced challenges in the development phase historically [5].
Opus Genetics to Participate in Upcoming Investment Conferences
Globenewswire· 2025-11-20 13:00
Core Insights - Opus Genetics is a clinical-stage biopharmaceutical company focused on developing gene therapies aimed at restoring vision and preventing blindness in patients with inherited retinal diseases (IRDs) [4] Company Overview - The company is developing durable, one-time treatments that target the underlying genetic causes of severe retinal disorders [4] - Opus Genetics has a pipeline that includes seven AAV-based programs, with key candidates being OPGx-LCA5 for LCA5-related mutations and OPGx-BEST1 for BEST1-related retinal degeneration [4] - Additional candidates in development target RHO, RDH12, and MERTK [4] - The company is also advancing Phentolamine Ophthalmic Solution 0.75%, which is approved for pharmacologically induced mydriasis, with further indications in late-stage development for presbyopia and low-light visual disturbances following keratorefractive surgery [4] - Opus Genetics is headquartered in Research Triangle Park, NC [4] Upcoming Events - Management will participate in the BTIG 5th Annual Ophthalmology Day on December 1, 2025, with Ash Jayagopal, PhD, MBA, Chief Scientific and Development Officer, in a fireside chat at 1:00 p.m. ET [2] - George Magrath, M.D., Chief Executive Officer, will participate in the Piper Sandler 37th Annual Healthcare Conference on December 2, 2025, at 10:00 a.m. ET in New York, NY [2] - A link to the live and archived webcast for the Piper Sandler conference will be available on the company's website under the Investors section [3]
Is Taysha Gene Therapies Inc. (TSHA) One of the Must-Buy Penny Stocks to Buy Now?
Yahoo Finance· 2025-11-18 11:17
Core Insights - Taysha Gene Therapies Inc. is highlighted as a promising investment opportunity, with analysts reaffirming Buy ratings and setting a price target of $9 [1][2] Financial Performance - The company reported a net loss of $32.7 million, or $0.09 per share, compared to a loss of $25.5 million, or $0.10 per share, in the same quarter last year [5] - Taysha exited the quarter with $297.3 million in cash and cash equivalents, which is projected to cover operating expenses and capital requirements through 2028 [5] Regulatory Milestones - Taysha achieved FDA Breakthrough Designation for its flagship treatment TSHA-102, aimed at treating Rett Syndrome [2][3] - The company finalized FDA alignment on the REVEAL Pivotal Trial Protocol and Statistical Analysis Plan (SAP) for TSHA-102 [3] Strategic Positioning - The CEO emphasized the company's strong financial position and regained global rights to TSHA-102, positioning it well for the upcoming REVEAL pivotal trial [4] - The company is on track to dose the first patient in the REVEAL pivotal trial within the current quarter, with additional enrollment expected at multiple sites [4] Company Overview - Taysha Gene Therapies is a clinical-stage biotechnology company focused on developing adeno-associated virus (AAV)-based gene therapies for severe genetic diseases of the central nervous system, particularly monogenic diseases [6]
X @Bloomberg
Bloomberg· 2025-10-24 13:47
Lilly said it reached a deal to buy Adverum Biotechnologies, a company working to treat blindness, as it continues a push into gene therapies https://t.co/HP0w3WElUW ...
RCKT Class Action Reminder: Robbins LLP Reminds Rocket Pharmaceuticals, Inc. Investors of the Class Action Lawsuit - Contact us for more information
Prnewswire· 2025-07-23 20:06
Group 1 - A class action has been filed on behalf of investors who acquired Rocket Pharmaceuticals, Inc. (NASDAQ: RCKT) securities between February 7, 2025, and May 26, 2025 [1] - The allegations state that Rocket Pharmaceuticals misled investors regarding the viability and efficacy of its RP-A501 drug, particularly concerning the Phase 2 pivotal trial for Danon disease [2] - Following the announcement of a Serious Adverse Event (SAE) related to the trial, Rocket's stock price dropped significantly from $6.27 per share on May 23, 2025, to $2.33 per share on May 27, 2025 [3] Group 2 - The complaint highlights that the company created a false impression of having reliable information about the trial's timeline and safety, which was contradicted by the reality of the situation [2] - The FDA placed the trial on hold due to the introduction of a novel immunomodulatory agent, which was part of an amended protocol that led to a patient's death [2] - Shareholders interested in participating in the class action can contact Robbins LLP, with the option to serve as lead plaintiff or remain an absent class member [4]
RCKT Investor Notice: Robbins LLP Reminds Shareholders of the Class Action Lawsuit Against Rocket Pharmaceuticals, Inc.
GlobeNewswire News Room· 2025-06-14 00:28
Core Viewpoint - Robbins LLP has initiated a class action lawsuit on behalf of investors who acquired Rocket Pharmaceuticals, Inc. (NASDAQ: RCKT) securities between February 7, 2025, and May 26, 2025, due to allegations of misleading information regarding the company's clinical trial for RP-A501 [1][2]. Group 1: Allegations and Company Actions - The lawsuit claims that Rocket Pharmaceuticals misrepresented the viability and efficacy of RP-A501, particularly regarding the timeline and safety of its Phase 2 pivotal trial for Danon disease [2]. - It is alleged that the company provided an overly optimistic outlook on the trial's progress, which was contradicted by the reality of a Serious Adverse Event (SAE) that resulted in a patient's death after protocol amendments were made [2]. - Following the announcement of the SAE on May 27, 2025, Rocket's stock price plummeted from $6.27 per share on May 23, 2025, to $2.33 per share [3]. Group 2: Class Action Participation - Shareholders interested in participating in the class action can contact Robbins LLP to serve as lead plaintiff, representing other class members in the litigation [4]. - Shareholders are not required to take action to be eligible for recovery and can remain absent class members if they choose [4]. Group 3: Company Background - Robbins LLP has been a leader in shareholder rights litigation since 2002, focusing on helping shareholders recover losses and improve corporate governance [5].
Shareholder Alert: Robbins LLP Informs Investors of the Rocket Pharmaceuticals, Inc. Class Action
Prnewswire· 2025-06-12 05:44
Core Viewpoint - A class action lawsuit has been filed against Rocket Pharmaceuticals, Inc. for allegedly misleading investors regarding the viability and efficacy of its gene therapy product RP-A501, particularly in relation to its Phase 2 clinical trial for Danon disease [1][2]. Group 1: Allegations and Impact - The lawsuit claims that Rocket Pharmaceuticals misrepresented the reliability of information regarding the projected timeline and safety of the RP-A501 trial, leading to a false sense of security among investors [2]. - Following the announcement of a Serious Adverse Event (SAE) involving a patient in the trial, Rocket's stock price plummeted from $6.27 per share on May 23, 2025, to $2.33 per share on May 27, 2025, reflecting a significant loss in market value [3]. Group 2: Company Background - Rocket Pharmaceuticals is described as a fully integrated, late-stage biotechnology company focused on developing gene therapies for rare and severe diseases, emphasizing its commitment to clear clinical endpoints and direct on-target mechanisms of action [1]. Group 3: Legal Proceedings - Shareholders interested in participating in the class action can contact Robbins LLP, which is leading the litigation on a contingency fee basis, meaning no fees or expenses are required from shareholders [4][5].