Andrew Lo

Jan 18, 2025 | onlinelibrary.wiley.com | Rena Conti |Patrick C. DeMartino |Jonathan Gruber |Andrew Lo

Cell and gene therapies (CGTs) are highly innovative medicines. There are over two dozen CGTs approved for sale globally, and over the last five years, many clinical trials have progressed toward later stages of development targeting an array of rare genetic disorders and cancers.1, 2 CGTs come with a host of challenges for health care systems, of which perhaps the foremost is affordability.3-5 CGTs are extremely expensive,6 generally in the range of more than $300,000.

Jun 19, 2024 | nature.com | Andrew Lo

For precision genetic medicines to fulfill their potential as treatments for ultra-rare diseases, fresh approaches to academic–industry partnerships and data sharing are needed, together with regulatory change and adaptation of reimbursement models.

Dec 1, 2023 | moneysense.ca | Andrew Lo

What is a family RESP? Canadians can choose from two types of RESPs: individual and family. Both are registered accounts, meaning that they’re registered with the federal government, and they allow your savings and investments to grow on a tax-sheltered basis. Here are the key features you should know about for both types of RESPs:The lifetime RESP contribution limit per beneficiary (child) is $50,000.

Dec 1, 2023 | moneysense.ca | Andrew Lo

The best way to save for school: Open an RESPIdeally, your grandchild or grandchildren will have an RESP. Perhaps your own kids have already opened one for them. If not, you can open an RESP—in fact, anyone can become a “subscriber,” including parents, guardians, grandparents, other relatives, and friends. A child can be the “beneficiary” of multiple RESPs, but here’s the key detail to note: the lifetime RESP contribution limit per child is $50,000.

Nov 23, 2023 | moneysense.ca | Andrew Lo

Once you’ve opened an RESP for your (grand)child or (grand)children, though, what should you do with it? How often and how much to contribute to an RESPIdeally, you should contribute at least $2,500 per year, if possible. An RESP can stay open for up to 35 years, giving you plenty of time to contribute up to the $50,000 maximum. An important date to be aware of when it comes to your contributions is December 31st of each year.