• Mashup Score: 1

    Inflation Reduction Act’s Unintended ConsequencesSigned into law in 2022, the Inflation Reduction Act took important steps to lower out-of-pocket costs in Part D, including setting a $2,000 annual cap on what seniors pay for medicines and spreading seniors’ costs throughout the year to improve predictability. But it didn’t go far enough and has real consequences for the development of and access…

    Tweet Tweets with this article
    • Due to Inflation Reduction Act 78% of drug companies expect to cancel early-stage pipeline projects that no longer make sense given the short timelines before medicines could be subject to government price setting. https://t.co/ijvXELyZWp

  • Mashup Score: 1

    The Pharmaceutical Research and Manufacturers of America (PhRMA) today announced that Novartis CEO Vas Narasimhan, M.D., has assumed the role of chair of the PhRMA Board of Directors. Daniel O’Day of Gilead Sciences, Inc. and Albert Bourla of Pfizer Inc. also assumed new leadership positions on the PhRMA board.

    Tweet Tweets with this article
    • RT @NedPagliarulo: $NVS Vas Narasimhan is PhRMA's new board chair, succeeding Takeda's Ramona Sequeira: https://t.co/R5I7vGFw1n Makes hi…