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The company is working on several other therapies, including ones based on the CAR T-cell technologies in combination with novel proteins.Ģ. The drug, with its $1.8 million price tag, made headlines when it was approved in Europe earlier this year. bluebird bio (Nasdaq: BLUE) is better known for Zynteglo, the first gene therapy approved for the treatment of transfusion-dependent beta-thalassemia, a rare genetic blood disorder. Right now, the list price for a Medicare lymphoma patient is $373,000 per treatment - and a 15 percentage-point increase will help improve access to this life-saving treatment.Īnd while there is still no single national policy covering CAR T-cell therapies for Medicare patients, the recent coverage decision is an indication that these therapies are on their way to going mainstream - reconfirming their scientific validity.Īs you can imagine, several companies are working on CAR T-cell therapies - and they’re garnering a lot of interest from growth-minded investors. While this might not sound like a big deal, it’s a step in the right direction. On August 2, these guidelines expanded as the Centers for Medicare and Medicaid Services issued a ruling raising payments for these technologies from 50% of estimated costs to 65%.
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And because they are so new, there have been only a few guidelines about how to pay for them. After being extracted, the T-cells are genetically engineered to attack and destroy cancer cells, and infused back into the patient’s body.īecause these therapies are highly specialized and complex, they can get very expensive. The CAR T-cell method (CAR stands for chimeric antigen receptor) uses a person’s own T-cells, which are a part of the human immune system. It’s built upon the patient’s healthy cells, which are the foundation of the treatment. CAR T-cell therapy uses the body’s own defenses to fight cancer. In short, CAR T-cell therapy is a radically new medical technology that promises hope where there was none.
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Anyone can use this trick to boost their bank account. Instead, he’s using this 1 weird trick to collect easy payouts with little to no risk. He’s not on disability, and he’s not collecting Social Security. Second, it creates a new opportunity for investors who learn about the treatment now and get in early before the rest of the crowd.ĭeep in the heart of South Carolina, one teacher approaching retirement just collected a $4,416 check approved by the government. That’s why a new, pioneering cancer treatment called CAR T-cell therapy is so exciting.įor one, there will be many more cancer survivors as the 21st century marches along. Investors understand this, of course, but nobody understands this better than cancer survivors. We live in an age of scientific discovery.