BLUE - Bluebird Bio: Gene Therapy Launches Could Bring Big Revenues Providing They Meet Approval
- Bluebird Bio is nearing approval of three potentially curative treatments for severe genetic diseases, although approval has been continually delayed.
- They recently left Europe over pricing disagreements, meaning they must convince US payors of the value of their expensive treatments, but which could bring in strong revenues.
- A relatively stable financial position for a biotech start-up means they can comfortably weather any storms in the near term, but approval failure would spell trouble.
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Bluebird Bio: Gene Therapy Launches Could Bring Big Revenues, Providing They Meet Approval