Cancer Drugs And Medicare: Range Of Impacts Expected From IRA Price Reforms

Alkermes discusses oncology drug spin-off, Lilly discloses decision to halt development of a small molecule drug, and AbbVie comments on pending Medicare price negotiation for Imbruvica.

Oral Cancer Drugs The Poster Child For IRA-Driven Challenges To Innovation? • Source: Shutterstock

The drug pricing reform provisions of the Inflation Reduction Act could affect the development and commercial performance of cancer drugs in many different ways and some of those came to light during recent quarterly earnings presentations by a handful of manufacturers.

Not surprisingly, the Medicare price negotiation program established by the Inflation Reduction Act is having the widest ripple effects. But...

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