Goldman Sachs Report Questions Financial Sustainability of Curative Gene Therapies
By
randycupertino
A good honest bake. Not flashy, but you'll finish the whole bagel.
Summary
Goldman Sachs analysts question whether curing patients is a sustainable business model for biotech companies, particularly those developing gene therapies. The report notes that while one-time cures are scientifically attractive, they offer different revenue prospects compared to chronic therapies that require ongoing treatment. This raises concerns about the long-term financial sustainability of companies that develop curative treatments versus those offering chronic disease management.
Key quotes
· 4 pulledGoldman Sachs analysts attempted to address a touchy subject for biotech companies, especially those involved in the pioneering 'gene therapy' treatment: cures could be bad for business in the long run.
'Is curing patients a sustainable business model?' analysts ask in an April 10 report entitled 'The Genome Revolution.'
'The potential to deliver 'one shot cures' is one of the most attractive aspects of gene therapy, genetically-engineered cell therapy and gene editing.'
'However, such treatments offer a very different outlook with regard to recurring revenue versus chronic therapies.'
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