Endpoints News

China is taking on the world’s 10 most expensive medicines

Last April, Chinese regulators approved Belief BioMed’s gene therapy for the bleeding disorder hemophilia B, setting up a challenge to one of the priciest medicines.

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Last April, Chinese regulators approved Belief BioMed’s gene therapy for the bleeding disorder hemophilia B, setting up a challenge to one of the priciest medicines.

The treatment marked the first hemophilia gene therapy in China to be developed and manufactured entirely by a domestic company. Belief BioMed priced it at $350,000, one-tenth the cost of a rival therapy that sells for $3.5 million in the US.

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