FILE PHOTO: The logo of Swiss drugmaker Novartis AG is seen at its headquarters in Basel, Switzerland January 25, 2017. REUTERS/Arnd Wiegmann
U.S. regulators are expected to make a decision this month on whether to approve Zolgensma, a one-time therapy seen as a potential long-term solution for the rare disease that is the leading genetic cause of death in infants. The company has previously said it could price the treatment in a range of $1.5 million to $5 million.
The current treatment for SMA, which can lead to paralysis, breathing difficulty and early death, is Biogen Inc’s Spinraza. That drug has a list price of $750,000 for the initial year and $375,000 annually thereafter.
Want a cookie, Novartis?
That’s good
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Commentary: Novartis CEO says gene therapies promise to upend US health system, pricing structureThe current global health system treats chronic diseases with a pay-as-you-go model, spreading costs over months and years. It's unprepared to pay for a surge of new, single-treatment therapies with the potential to provide a lifetime of benefit. Gee ! Surprise! Surprise! Just another infomercial. Going short or long - “FREE MARKET” slugs !
Source: CNBC - 🏆 12. / 72 Read more »
Novartis CEO says cannabis isn't a focus despite Tilray partnershipNovartis CEO Vas Narasimhan said Tuesday that cannabis is not a priority for the Swiss drugmaker, despite its partnership with Canadian marijuana giant Tilray. HealthyReturns Understandable. Insulin is so much more profitable. And a user just can't wake-up one morning and say 'You know, I'm going straight and quit being diabetic...' Dinosaur.
Source: CNBC - 🏆 12. / 72 Read more »
How WeWork's CEO manages his ego after going from broke to a billionaire in under 10 yearsWeWork CEO and cofounder Adam Neumann found his ego getting too big after the co-working space reached a $5 billion valuation.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Verizon CEO: 'Tens of thousands' of customers buying new 5G phonesVerizon is betting that customers will pay up for Samsung's new 5G smartphone.
Source: CNBC - 🏆 12. / 72 Read more »
SoFi CEO reveals what he learned about millennial stock investing habitsEarly investors are showing 'that they don't want to put a lot of money at risk,' SoFi CEO Anthony Soto says. That they dont have any money and those that do throw it away on stupid shit like making jenner a billionaire
Source: CNBC - 🏆 12. / 72 Read more »
Lloyds defends CEO pay after investor anger at annual investor meetingLloyds Banking Group has defended the 6.3 million pound ($8.06 million) pay pack... افضل العروض وافضل الاسعار في جورجيا شركة القيصر للسياحة والسفر فى جورجيا البحرين السعودية ابوظبي الامارات سلطنة_عمان الكويت قطر الدوحة المنامة الرياض الرياض جدة حائل الطائف للاستفسار عن العروض عبر الواتساب 00995592351186 السياحة_فى_جورجيا Lloydbanks It's time that CEOs receive no more than 20% more than the lowest paid worker in the company, with all the 'extra' money going back into the company for better treatment of all workers and customers. But, the greedy asses at the top think they cannot be replaced. Wrong.
Source: Reuters - 🏆 2. / 97 Read more »
Taylor Morrison CEO on homebuilding at end of 2018: 'It was that bad.'The latest read on April housing starts showed improvement over March, but still a slower building pace than a year ago. The CEO of Arizona-based Taylor Morrison said, 'In December, if you were to talk to anybody, there was, potentially, a house was never going to be sold in the U.S. again. It was that bad.'
Source: CNBC - 🏆 12. / 72 Read more »
Ex-Goldman Sachs CEO takes jab at NYC mayor over TwitterEx-Goldman Sachs CEO Lloyd Blankfein takes a jab at NYC Mayor Bill de Blasio on Twitter: 'On the bright side, if DeB gets elected prez, we New Yorkers will lose his undivided attention a year ahead of schedule' I love using twitter to discuss tweets that CNN informs us on via Twitter. We will just vote in another Democrat as Mayor , we will not regress back to the bad old days ever again !!! He won’t get elected. If he were a horse, he’d be glue 15 minutes after the race was over.
Source: CNN - 🏆 4. / 95 Read more »
Singapore Airlines' order of 31 Boeing 737 Max jets remains 'intact,' CEO saysSingapore Airlines CEO Goh Choon Phong told reporters and analysts on Friday that an order for 31 Boeing 737 Max jets remains 'intact' despite the aircraft's two deadly crashes.
Source: CNBC - 🏆 12. / 72 Read more »
Total CEO says planned buy of Anadarko's Africa assets 'perfectly fitting'French energy giant Total SA's planned acquisition of U.S. firm Anadarko&0...
Source: Reuters - 🏆 2. / 97 Read more »
Rockstar CEO Aims To Amp Up 128-Year-Old Energy Drinks BusinessLast October, Petch led 128-year-old Osotspa in the country’s biggest IPO of the year, raising a $464 million war chest for expansion from a 20% stake that valued the company at $2.3 billion.
Source: Forbes - 🏆 394. / 53 Read more »