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Bluebird bio information


bluebird bio, Inc.
Company typePublic
Traded as
Nasdaq: BLUE
Industry
  • Biotechnology
  • Pharmaceutical industry
FoundedApril 16, 1992; 32 years ago (1992-04-16)
Founders
  • Philippe Leboulch
  • Irving London
HeadquartersSomerville, Massachusetts, U.S.
Key people
  • Andrew Obenshain (President & CEO)
  • Chris Krawtschuk (CFO)
ProductsZynteglo, Skysona, Lyfgenia
RevenueIncrease US$3.66 million (2021)
Net income
Decrease US$−819 million (2021)
Total assetsDecrease US$594 million (2021)
Total equityDecrease US$374 million (2021)
Number of employees
518 (January 2022)
Websitewww.bluebirdbio.com Edit this at Wikidata
Footnotes / references
[1]

bluebird bio, Inc., based in Somerville, Massachusetts, is a biotechnology company that develops gene therapies for severe genetic disorders.[1]

The company's only - in the European Union (EU) - approved drug is betibeglogene autotemcel (Zynteglo), which treats transfusion-dependent beta thalassemia (TDT), a rare genetic blood disorder, and has been approved for use by the European Medicines Agency.[2] The company has been criticized for the $1.8 million cost of the drug, which is the second most expensive drug in the world.[3][4][5]

The company is developing LentiGlobin[6] gene therapy for the treatment of sickle cell disease and cerebral adrenoleukodystrophy. It is also developing T cell product candidates to treat acute myeloid leukemia, Merkel-cell carcinoma, diffuse large B-cell lymphoma, and MAGEA4 solid tumors.[1]

  1. ^ a b c "bluebird bio, Inc. 2021 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. March 4, 2022.
  2. ^ "Zynteglo". European Medicines Agency.
  3. ^ Lovelace, Berkeley (June 14, 2019). "Bluebird Bio CEO defends $1.8 million price for gene therapy — 'It's really thinking about it differently'". CNBC.
  4. ^ LaMattina, John (19 June 2019). "What Bluebird Bio Gets Wrong In Pricing For Its $1.8 Million Drug". Forbes.
  5. ^ Kolata, Gina (September 11, 2017). "New Gene-Therapy Treatments Will Carry Whopping Price Tags". The New York Times.
  6. ^ "Anemia Treatment Drugs: 2019 Global Market Study; Analyzed by Type of Anemia, Type of Drug, and Geography". GlobeNewswire. 2019-04-26. Retrieved 2023-08-02.

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