Bentley University study on Inflation Reduction Act

A new study from the Center for Integration of Science and Industry at Bentley University shows that differences between the financial structures of large pharmaceutical producers and smaller, emerging biotechnology companies creates synergies that contribute to the pipeline of new, innovative products in response to reductions in drug prices anticipated under the Inflation Reduction Act (IRA). The study in Clinical Trials titled “Modeling impact of Inflation Reduction Act price negotiations on new drug pipeline considering differential contributions of large and small biopharmaceutical companies” suggests that while large pharmaceutical producers would likely reduce R&D spending in response to lower product revenues, R&D in smaller biotechnology companies is not likely to decrease and could sustain both corporate profits and new product approvals at current levels. Therefore, claims that the IRA would reduce the number of new drugs for unmet medical needs are likely false. Authors: Greg Vaughan, Roger Du, CPA, Fred Ledley https://lnkd.in/eARtw54U #InflationReductionAct #innovation #drugprices #drugdevelopment #investment #BentleyUResearch Bentley University Bentley University Center for Health and Business

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