Price tag on gene therapy for rare form of blindness: $850K

Associated Press -------- A first-of-its kind genetic treatment for blindness will cost $850,000, less than the $1 million price tag that had been expected, but it’s still among the most expensive genetic therapies in the world. Spark Therapeutics says it decided on the lower price tag for Luxturna (Lux-turn-a) after hearing concerns from health insurers about their ability to cover the injectable treatment.Consternation over skyrocketing drug prices, especially in the U.S., has led to intense scrutiny from patients, Congress, insurers and hospitals. To learn more click on the picture below to read the article.