FDA just approved the world's most expensive drug that costs $3.5 million

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FDA just approved the world's most expensive drug that costs $3.5 million
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It could actually be cheaper than other treatment options.

Hemophilia B is a genetic condition affecting males more than females in which the patient's body does not produce sufficient protein levels called Factor IX . The protein is a clotting factor required to stop bleeding in the event of an injury or during surgery or other medical procedures.

. Treatment for such individuals constitutes intravenous infusions of clotting Factor IX to prevent bleeding episodes, which must be conducted over the patient's lifetime.Developed by Pennysylvania-based pharmaceutical company CSL Behring, Hemgenix is a one-timeproduct given through an intravenous infusion.

The intervention is expected to cost patients $3.5 million per dose, which might still be relatively cheaper than the $23 million hemophilia B patients shell out for infusions over their lifetime,Estimates suggest that there are around 8,000 patients of Hemophilia B in the U.S. This is rather a tiny number compared to the number of patients of other ailments, such as cardiovascular diseases or cancer, that pharmaceutical companies trial drugs for.

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