Is there any cure for thalassemia?

Transplant for thal. Hematopoietic stem cell transplantation is the cure for severe thalassemia, both Alpha and beta. The best results are when the donor is a brother or sister with a good tissue match to the patient. You can read about treatments on this website: www.Thalassemia.Org.
Thalassemia. The only cure for thalassemia is currently bone marrow transplantation, but this procedure is associated with a risk of morbidity and mortality. With adequate transfusion and iron chelation, thalassemia patients can have normal life spans (although the need for constant medical intervention obviously imposes on their quality of life).