{"id":234226,"date":"2017-08-12T19:48:43","date_gmt":"2017-08-12T23:48:43","guid":{"rendered":"http:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/uncategorized\/gene-therapy-is-finally-here-but-who-will-foot-the-bill-wall-street-pit.php"},"modified":"2017-08-12T19:48:43","modified_gmt":"2017-08-12T23:48:43","slug":"gene-therapy-is-finally-here-but-who-will-foot-the-bill-wall-street-pit","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/gene-therapy\/gene-therapy-is-finally-here-but-who-will-foot-the-bill-wall-street-pit.php","title":{"rendered":"Gene Therapy is Finally Here, But Who Will Foot the Bill &#8211; Wall Street Pit"},"content":{"rendered":"<p><p>    Human protein-coding genes number from 20,000 up to 25,000.  <\/p>\n<p>    If just one of these genes gets altered or a code gets missing,    it can be fatal to an individual.  <\/p>\n<p>    In fact, approximately 30 per cent of infant mortality at birth    in developed countries are caused by genetic disease. Almost 50    per cent of all miscarriages worldwide are due to chromosomally    defective fetus.  <\/p>\n<p>    Furthermore, according to the World Health Organization, over    10,000 human diseases are linked to single gene mutation alone.    Among these monogenic diseases are thalassaemia, sickle cell    anemia, haemophilia, Fragile-X syndrome, cystic fibrosis, and    Huntingtons disease.  <\/p>\n<p>    The other two major types of genetic disorders are chromosomal    and complex disorder, where theres mutation in two or more    genes.  <\/p>\n<p>    Genetic disease is not also simply inherited, our environment    is another factor that can trigger mutation. Cancer, diabetes,    and heart disease are classified as multifactorial inheritance    genetic disorders.  <\/p>\n<p>    Considering all these, one would expect that the world will be    welcoming the revolutionary gene therapy with wide-open arms.  <\/p>\n<p>    Yet, UniQures Glybera has been recently withdrawn from the    European market in spite of its promising one-time cure for    lipoprotein lipase deficiency (LPLD).  <\/p>\n<p>    LPLD is a rare genetic disorder characterized by the bodys    lack of lipase, which is an enzyme that breaks down    triglycerides from the blood. The deficiency results to    recurrent abdominal pain, fat deposits in the skin    (xanthomata), and repeated attacks of acute pancreatitis. LPLD    is known to affect one person in a million. However, UniQures    Glybera costs as much as $1 million per patient. Since the    drugs introduction in 2012, only one patient has been    subscribed to the treatment.  <\/p>\n<p>    Another genetic drug that offers one-time cure for Adenosine    Deaminase Severe Combined Immunodeficiency (ADA-SCID) is    GlaxoSmithKlines Strimvelis. ADA-SCID is an inherited genetic    condition characterized by a damaged immune system. People with    SCID are prone to persistent and recurring infections since    they absolutely have no immune protection from microbes.    Symptoms begin to appear in a babys first 6 months of life,    and afflicted infants hardly reach two years of age without    treatment.  <\/p>\n<p>    GlaxoSmithKlines Strimvelis can cure the genetic disease and    save precious lifes. But the $700,000 drug had only a couple of    sales in 2016 and another two expected this year. With this    disappointing development, GSK might simply sell its rare    diseases unit.  <\/p>\n<p>    Data shows that the prices of the current gene therapy in the    market are too hard if not impossible for most families to    reach, especially since it has to be a one-time payment. And    health care systems which only pay on monthly basis are not of    much help to pharmaceuticals, which have made such enormous    investments to formulate genetic cures.  <\/p>\n<p>    Is there real hope?  <\/p>\n<p>    Many drug companies still think so.  <\/p>\n<p>    Pfizer, Sanofi, and Shire are now also making the revolutionary    pursuits. And GSK has not completely given up as it strives to    use its gene therapy platform in the development of cure for    more common genetic illnesses.  <\/p>\n<p>    Yes, at the moment, the whole picture may appear dim. But, by    creating new business models, the leading companies in the    biopharmaceutical industry if they are really serious about    doing something in relation to rampant increases in drug    prices, can start by creating a business model which is first    based on humanism and then their respective bottom lines.  <\/p>\n<p><!-- Auto Generated --><\/p>\n<p>See more here:<\/p>\n<p><a target=\"_blank\" href=\"http:\/\/wallstreetpit.com\/113936-gene-therapy-finally-here-who-will-pay\/\" title=\"Gene Therapy is Finally Here, But Who Will Foot the Bill - Wall Street Pit\">Gene Therapy is Finally Here, But Who Will Foot the Bill - Wall Street Pit<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> Human protein-coding genes number from 20,000 up to 25,000. If just one of these genes gets altered or a code gets missing, it can be fatal to an individual. In fact, approximately 30 per cent of infant mortality at birth in developed countries are caused by genetic disease <a href=\"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/gene-therapy\/gene-therapy-is-finally-here-but-who-will-foot-the-bill-wall-street-pit.php\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-234226","post","type-post","status-publish","format-standard","hentry","category-gene-therapy"],"modified_by":null,"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/234226"}],"collection":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/comments?post=234226"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/234226\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/media?parent=234226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/categories?post=234226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/tags?post=234226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}