Gilead Buys Its Third Priority Review Voucher, But Is The Mania Over?

Just as the tulip craze eventually subsided, it appears the pharma industry's infatuation with priority review vouchers also may be waning, as Sarepta sells its voucher for only $125m.

Priority Review Voucher
Joke Benschop

The priority review voucher craze appears to be subsiding, at least for now, potentially creating a trickle-down effect for sponsors using the voucher to help attract investors.

Sarepta Therapeutics Inc. announced Feb. 21 that it had sold the voucher it received upon approval of its Duchenne muscular dystrophy treatment Exondys 51 (eteplirsen) to Gilead Sciences Inc. for $125m

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