MedWatch

Multimillion-dollar prices for gene therapies are fair, Vertex CEO says

How much should a one-time treatment with the potential to cure diseases like sickle cell disease, which can cost millions of dollars to treat over a life time, cost? Millions, indeed, says Vertex CEO Stuart Arbuckle.

Photo: Brian Snyder/Reuters/Ritzau Scanpix

Multimillion-dollar prices for a rival’s treatments with the potential to cure rare diseases are “in the right ballpark,” according to Stuart Arbuckle, chief operating officer of Vertex Pharmaceuticals Inc., which is preparing to market its own treatment for sickle-cell disease.

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