CNBC December 8, 2023
Angelica Peebles, Annika Kim Constantino

Key Points

– The U.S. Food and Drug Administration has approved Casgevy, the first gene-editing treatment to be marketed in the country.

– Casgevy uses Nobel Prize-winning technology CRISPR to treat sickle cell disease, a blood disorder that affects about 100,000 Americans.

– Vertex Pharmaceuticals and CRISPR Therapeutics co-developed the one-time treatment that will cost $2.2 million per patient.

The U.S. Food and Drug Administration on Friday approved the country’s first gene-editing treatment, Casgevy, for use in patients with sickle cell disease.

The approval comes about a decade after the discovery of CRISPR technology for editing human DNA, representing a significant scientific advancement. Yet reaching the tens of thousands of people who could benefit from the treatment could be challenging...

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Topics: Biotechnology, FDA, Govt Agencies, Pharma / Biotech
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