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Thread: Goldman Sachs asks: 'Is curing patients a sustainable business model?'

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    Administrator Islander's Avatar
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    Default Goldman Sachs asks: 'Is curing patients a sustainable business model?'

    Tae Kim
    April 13, 2018


    Goldman Sachs analysts attempted to address a touchy subject for biotech companies, especially those involved in the pioneering "gene therapy" treatment: cures could be bad for business in the long run.
    "Is curing patients a sustainable business model?" analysts ask in an April 10 report entitled "The Genome Revolution."
    "The potential to deliver 'one shot cures' is one of the most attractive aspects of gene therapy, genetically-engineered cell therapy and gene editing. However, such treatments offer a very different outlook with regard to recurring revenue versus chronic therapies," analyst Salveen Richter wrote in the note to clients Tuesday. "While this proposition carries tremendous value for patients and society, it could represent a challenge for genome medicine developers looking for sustained cash flow."

    Keep reading: https://www.cnbc.com/amp/2018/04/11/...mpression=true





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    Moderator Julieanne's Avatar
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    Default Re: Goldman Sachs asks: 'Is curing patients a sustainable business model?'

    Well, I guess it's now out in the open - it's what many of us have always suspected! I appreciate honesty, but this floored me.

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