BioCentury
BioCentury In Depth
SURVIVING A BEAR MARKET
After the longest bull run in biotech history, the sector is in a prolonged downturn. IPOs have dried up, follow-on financings have fallen off a cliff, and venture rounds take seemingly forever. For insights on how to navigate today’s bear market, explore this BioCentury In Depth collection: Surviving a Bear Market.
ARTICLE | Politics, Policy & Law

Biotech investors bracing for Inflation Reduction Act’s impacts

VCs mull warnings from pharma CEOs that law will reduce incentives for small molecule drug development, precision medicine 

September 9, 2022 11:39 PM UTC

Investors assessing the Inflation Reduction Act are weighing warnings from pharma CEOs that the law will dramatically reduce incentives for small molecule drug development and precision medicine against hopes that a combination of restrained execution, loopholes and legislative fixes will diminish the law’s impact.

It will take years to fully understand how the law will be put into practice. Crystal balls will be clouded by relentless attempts by the drug industry and its critics to influence implementation of the IRA, persuade Congress to modify it and courts to overturn or require more stringent application of the law’s price-setting provisions. ...