In recent days, we at CFIF have marked the ignominious one-year anniversary of the Biden Administration…
Drug Price Controls: On 9/13, Let's End the Indefensible 9-13 Small Molecule/Large Molecule Protection Disparity
In recent days, we at CFIF have marked the ignominious one-year anniversary of the Biden Administration's misnamed "Inflation Reduction Act" (IRA) by noting its particularly negative impact on pharmaceutical innovation and, in turn, the nation's health and wellbeing.
As acknowledged by the United States Senate Committee on Homeland Security as well as groups like the American Cancer Society, Americans are already confronting alarming and unprecedented drug shortages in the wake of the IRA.
To mark today's date of September 13 - or 9/13 - it's appropriate to note a different but significant 9-13: That refers to the indefensible distinction that the IRA makes between what are known as "small-molecule" and "large-molecule" drugs.
Specifically, the IRA imposes destructive price controls…[more]
