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Bluebird Sees Commercial Growth For Gene Therapies, But Cash Remains An Overhang

 
• By Alaric DeArment

The biotech anticipates treating 74 patients with its gene therapies this year, with 30 more already scheduled for 2025.

Bluebird bio

Third quarter revenues for bluebird bio fell compared with the comparable period of 2023 and also came in below consensus, but the company has seen growth in new patient starts for its approved gene therapies, with evidence of continued patient demand and growth in the number of qualified treatment centers (QTCs). At the same time, however, analysts expressed concern that the gene therapy-focused biotech’s cash is running low.

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