NEWS
REPORT IDENTIFIES TRENDS IN GENE THERAPY POISED TO IMPACT HEALTHCARE STAKEHOLDERS
Clarivate , a global leader in connecting people and organisations to intelligence they can trust to transform their world , has announced the release of its new report , Making gene therapy work for patients , payers , regulators and developers : Five key trends in gene therapy approvals and access . The report explores the challenges and triumphs of gene therapy , with an eye on how developers are addressing risk and the need for multiple modalities and how payers are exploring alternative payment methods . innovation elsewhere . Similarly , regulators are wrestling with policies and processes that were not designed with these treatments in mind .
The new report explores five key trends in gene therapy approvals , industry challenges and ways biopharma can begin to address them .
Mike Ward , Global Head of Life Sciences and Healthcare Thought Leadership , Clarivate , said : “ Even as the number of therapies in pipelines and available to patient begins to accelerate , the picture on market access and commercial launch for these products remains uncertain . To be successful , companies developing gene therapies will want to consider the patient journey as well as the market , competitive , regulatory and payer landscapes ."
Nearly 50 years since scientists first proposed the idea of modifying defective genes to treat genetic illnesses , the gene therapy revolution has evolved to include treatments that offer the promise of better health outcomes and / or quality of life for patients with rare diseases . Yet , there is a major gap between the needs of developers and payers faced with absorbing the costs of a wave of medical
SURVEY FINDS ABOUT HALF OF AMERICAN WORKERS ARE SUFFERING FROM FINANCIAL STRESS
With inflation and escalating healthcare costs continuing to plague American workers , financial stress is on the rise and now impacting about half of employees , according to a survey by FinFit with Salary Finance . Inside the Wallets of Working Americans , the Fifth Annual Report found that financial stress does not discriminate based on income – almost 60 % of those making under US $ 55,000 feel financial stress , but nearly 40 % of those making over US $ 200,000 feel it , too .
Four out of five workers said that the rising cost of consumer goods over the past year impacted them , according to the report . In addition to the cost of inflation , healthcare costs continue to rise , with the average American family spending 20 % more on premiums .
More than one-fifth of American workers have unpaid medical bills and close to a quarter are skipping preventative medical appointments because of the cost .
Adding to the financial stress is the cost of caregiving . More than 20 % of workers are financially supporting other family members in addition to their own children and more than 50 % said that caregiving has had a significant enough impact that they had to borrow money from elsewhere . �
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