Overseas

Price tag on gene therapy for rare form of blindness: $850K

WASHINGTON/January 03, 2018(AP)(STL.News)— A first-of-its kind genetic treatment for blindness will cost $850,000, less than the $1 million price tag that had been expected, but it’s still among the most expensive genetic therapies in the world. Spark Therapeutics says it decided on the lower price tag for Luxturna (Lux-turn-a) after hearing concerns from health insurers … Continue reading Price tag on gene therapy for rare form of blindness: $850K

World shares mixed as markets mull latest Fed statement

HONG KONG/September 21, 2017 (AP)(STL.News) — World stocks shares were mixed Thursday as investors digested the latest statements from the Fed, which plans to raise rates again this year, and the Bank of Japan, which signaled it won’t tighten anytime soon. KEEPING SCORE: European shares rose in early trading. France’s CAC 40 added 0.4 percent … Continue reading World shares mixed as markets mull latest Fed statement

Oil drops amid caution over OPEC meeting; stocks mixed

KUALA LUMPUR, Malaysia (AP)(STL.News) — The price of oil dropped and stock markets were mixed Tuesday as it became uncertain whether OPEC countries might reach an agreement to cut crude production at their meeting this week. KEEPING SCORE: Among stocks, London’s FTSE 100 index shed 0.4 percent to 6,770 while France’s CAC 40 advanced 0.8 … Continue reading Oil drops amid caution over OPEC meeting; stocks mixed