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...provider, Children’s Minnesota. 4Bio aims to raise $200mn to $300mn for its third fund — about twice as much as its last one — to invest in early stage private biotech companies, despite depressed share prices...
...The new type of contract has previously only been used to spread the cost of advanced treatments such as gene therapy....
...The drug has a US list price of $1,300 a month, although the net price is often far lower....
...Other gene therapies that treat rare diseases and have few alternative cures can come with high price tags....
...“That’s our list price, we’ll enter into discussion with payors, there will be confidential discounts,” he said....
...And the price tag could be more than $1mn per person, beyond the reach of many....
...Even in well-fed Europe, economists talk about heatflation, the spectre of rising food prices as heatwaves and drought dent supply, increase spoilage and reduce nutritional value....
...“Yes there is a price tag but there is also a huge opportunity,” said the Dutch politician....
...A more benign while still realistic view comes from Gene Munster of Deepwater Asset Management....
...In December the gene sequencing company said it would divest from Grail....
...But some believe that, if teff grew — and fed people — elsewhere, this problem would have long been solved through gene technology....
...One involved Massachusetts-based Omega Therapeutics, which aims to increase metabolic activity by modulating gene expression. Their expertise is reflected in an enviable pipeline....
...Sales of the mixed reality headset will start from February 2 with US customers able to pre-order it from January 19 at a starting price of $3,499, Apple said on Monday....
...America’s oil supermajors ExxonMobil and Chevron have announced their second-biggest annual profits in a decade despite a slide in energy prices....
...“They have a growth problem, and when you are $400bn plus in revenue and you are a tech company, it’s part of your DNA to grow,” said Gene Munster at Deepwater Asset Management....
...That had a starting price of $500, a similar tag to ByteDance’s Pico headsets....
...Back then, supermarkets squeezed growers for the lowest prices, regardless of variety....
...In July, it agreed to purchase and licence the assets of Pfizer’s early-stage gene therapy portfolio....
...The thin pipeline of drugs is reflected in the company’s share price performance. The stock recently fell to its lowest level in more than a decade....
...But then Illumina’s stock price fell and an activist investor campaign took off....
...Thursday’s stock price reaction reflected “a vortex of noise” around the company’s financial guidance, as some analysts adjusted their forecasts to reflect the shorter period, said Gene Munster at Deepwater...
...House prices meanwhile rose for the third month in a row, according to lender Halifax....
...“The prices are so high that it is going to be difficult to reach parts of the world where many people are suffering from genetic diseases.”...
...And about my genes; what I might be predisposed to — whether high cholesterol, or the breast cancer and multiple sclerosis in my family tree....
...Look how we obsess about this week’s US consumer price data. But see it through older eyes....
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