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IRA Implications Will Factor Significantly In Deal Strategy In 2023

PwC Expects More Deals, But Affected By IRA

 
• By Joseph Haas

A pair of new PwC reports project a more robust M&A environment in 2023, but questions about the impact of the Inflation Reduction Act are already affecting biopharma business development strategies.

2023 business development start
Uncertainty about drug pricing implications of IRA could stall deal-making, PwC says • Source: Shutterstock

While consultancy PwC generally is bullish about increased deal-making and M&A activity by the biopharmaceutical sector in 2023, in a recent report it notes that the drug-pricing implications of last year’s Inflation Reduction Act will be a critical factor in how companies set up their business development strategies.

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