Incentivizing Brand Pharma Cos. To Manufacture In The US

Law360, New York (June 29, 2017, 11:26 AM EDT) -- President Donald Trump recently promulgated an executive order to “Buy American and Hire American” as part of his stated goals to stimulate economic growth, create jobs and support domestic manufacturing. Under this order, the executive branch will use the terms and conditions of federal financial assistance awards to maximize the use of products manufactured in the U.S.[1] While this executive order appears to be directed towards iron and steel products rather than pharmaceuticals, the policy goals of such an order are clear — promote domestic manufacturing and the purchase of those domestically manufactured goods. In a previous article, we discussed various...

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