What The Budget Bill Has In Store For Medical Cos.
Law360 (January 10, 2020, 2:33 PM EST) -- On Dec. 20, 2019, President Donald Trump signed into law an appropriations bill containing a number of provisions that will significantly impact the health care industry and life sciences companies.
Among other things, this law repeals certain taxes imposed by the Affordable Care Act; requires innovator pharmaceutical companies to make samples of their drugs available to eligible product developers who request them; adds chemically synthesized polypeptides to the category of biologics regulated by the U.S. Food and Drug Administration; and provides additional funding for research on diseases including cancer and Alzheimer’s.
Noticeably absent from the bill are controversial proposals governing drug pricing...
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