Tag Archives: congress

The Pivotal Role the Public Market Plays in Financing R&D

KennethMoch-Chimerix

Growing innovators are the heart of our industry. Biotech small businesses face a dual struggle – the daily challenge of running a growing company combined with the roadblocks intrinsic to groundbreaking scientific advancement. Innovative companies must overcome capital formation barriers in order to fund their next generation R&D.  The financing challenges that emerging biotechs face are unique, but we have the potential to save lives and treat patients in desperate need of hope. Today, I Read More >

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Nationwide Track and Trace System is Urgently Needed

Jim Greenwood

Today’s pharmaceutical distribution supply chain is governed largely by a patchwork of state laws and regulations that allows criminals to enter markets with the lowest safety requirements to inject counterfeit, unsafe, and potentially lethal products into the national supply chain. The state-by-state system is both onerous and ineffective, and the risk it poses to public health from counterfeiters can no longer be ignored. In a recent opinion piece for Roll Call, I write that: “Congress Read More >

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Sen. Grassley Raises Concerns over 340B Program

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In a memo written this week, Sen. Chuck Grassley (R-IA) responded to a recent Kaiser Health News report by asking whether 340B-eligible hospitals are ‘doing everything possible to help uninsured patients receive health care, including affordable prescription drugs.’ 340B is an important safety net program designed to help uninsured indigent patients gain greater access to prescription medicines.  While there remains a need for this safety net program, there are emerging concerns about the program in Read More >

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Congress Acts to Protect Public Health this Flu Season

Chris

The next flu season may be months away, but Congress already acted to ensure our nation is ready. Reps. Jim Gerlach (R-PA) and Richard Neal (D-MA), as well as Sens.  Max Baucus (D- MT) and Orrin Hatch (R-UT) introduced legislation which was recently enacted into law (H.R. 475) to update the National Vaccine Injury Compensation Program (VICP) to cover the newest flu vaccines in time for flu season, ensuring patient access to the latest therapies. Read More >

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Inside Health Policy: Clearing Up Confusion About Bills Updating Vaccine Tax Code

Syringes

Inside Health Policy’s Alaina Busch wrote a story today on confusion that has been spreading recently related to vaccines excise legislation. Vaccines protect people from seasonal flu, and new strains have recently been approved to further protect public health. As such, the vaccine excise tax must in turn be updated to include recent approvals. S. 391 and H.R. 475 update the existing excise tax to cover the newest seasonal influenza vaccines. The legislation does not Read More >

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