See business news at Bloomberg, Biopharmadive, MedCity.
See my January 16, 2019, article on the details of how CMS prices Luxturna - here. Hint - it's innocuous-sounding HCPCS code J3398. Million-dollar drugs get their reimbursement five alphanumeric characters at a time, just like everybody else.
|click to enlarge|
Some other gene therapy stocks also rose 15-30%, here.
In other news, CMS released a draft national coverage policy for CAR-T biologicals, February 15, here.
For a WSJ article on paying for million-dollar biologicals by installment, re Bluebird Bio, here.