Inflation Reduction Act Unintended Consequences For Medical Innovation

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The story "Inflation Reduction Act Unintended Consequences For Medical Innovation" was covered 16 hours ago by Forbes, a news publisher based in United States.

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Inflation Reduction Act Unintended Consequences For Medical Innovation - Forbes

Quick Summary:

The decline in investment in small molecules is not just an academic issue - it has real implications for patients and the future of drug development.

Xie, Tess Cameron, and Peter Kolchinsky and in pre-print at Therapeutic Innovation And Regulatory Science examined how Medicare price negotiations would impact the net present value (NPV) of a small-molecule drug in various stages of development.

Even more telling is the trend in investment allocations: by 2024, aggregate investments in large-molecule drugs were ten times higher than those in small molecules.