CRISPR Therapeutics Stock Down
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CRISPR TherapeuticsThe Motley Fool
•This Beaten-Down Biotech Stock Just Got Some Good News: Time to Buy?
78% Informative
CRISPR Therapeutics' Casgevy , a gene-editing medicine, treats sickle cell disease ( SCD ) and transfusion-dependent beta-thalassemia ( TDT ) The Biden administration announced a plan to help patients on Medicaid afford the medicine.
The plan is an outcome-based program that will tie payment to the therapy's efficacy.
CRISPR Therapeutics' development of Casgevy helped validate its gene-editing platform.
The company's innovative approach should yield more solid clinical and regulatory wins in the next five years .
All these reasons explain why, in my view, this biotech stock is worth investing in for those focused on the long game.
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