Novartis AG is setting new records as it prepares to launch Zolgensma, the spinal muscular atrophy (SMA) gene therapy developed by Novartis subsidiary AveXis Inc. The 24 May approval makes it the second gene therapy to clear the US FDA, and the largely expected price of about $2m makes it the most expensive drug in the world.
Novartis anticipates that some payers will agree to an annuity-like model under which Zolgensma (onasemnogene abeparvovec-xioi) will cost $425,000 annually for five years, but such agreements may be difficult to implement
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