Inflation Reduction Act already impacting life science R&D decisions
That is the takeaway according to a November-December 2022 survey by PhRMA of 25 large pharmaceutical manufacturers. Among respondents, it was clear the IRA price setting provisions are already impacting, and are expected to have a growing impact on, R&D plans moving forward:• 78% expect to cancel early-state pipeline projects.• 63% said they expect to…