Explore tweets tagged as #PillPenalty
The #PillPenalty is already reshaping the research landscape. Early-stage investment in small-molecule medicines has dropped by more than 70%. The #EPICAct will fix this IRA policy & protect medical innovation.
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Problem= #PillPenalty. Solution = #EPICAct. Congress must act now to restore incentives for small-molecule medications & ensure patients can continue to access new treatments.
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Small & large molecule medications should be on a level playing field. But the #PillPenalty is putting the often more affordable treatments at a disadvantage. The #EPICAct is a common-sense fix. @RepGuthrie
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Congress must pass the #EPICAct without delay! The longer we wait, the more innovation will suffer. Correcting the #PillPenalty ensures patients can access new small-molecule treatments. @RepGuthrie @RepMcGarvey
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Small-molecule medications are the most common & convenient treatment option for patients. Yet during the first 7 months of 2024, biologics funding was 10X larger. Unless it's fixed, the #PillPenalty will continue widening this gap in R&D. #EPICAct
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The #PillPenalty is making Medicare less affordable by creating incentives to produce pricier products delivered in costlier settings. A recent CAHC analysis found plans are already shifting away from copayments to coinsurance, resulting in higher out-of-pocket costs. #EPICAct
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The #EPICAct is a commonsense fix to the IRA's #PillPenalty. The legislation will ensure fairness in drug development timelines, restoring incentives for companies to invest in pill-based treatments. @RepGuthrie @RepMcGarvey
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The IRA's #PillPenalty is bad news for patients. Innovation should be guided by science & not hindered by policy. The #EPICAct is crucial to ensuring continued investment in life-saving treatments. @RepGuthrie @RepMcGarvey
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The #EPICAct is a necessary step in protecting small-molecule innovation. If left unfixed, the #PillPenalty risks stifling advancements in medication patients depend on to survive. @RepGuthrie
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Small-molecule medications & biologics are both vital. Science should determine what works best for medical conditions. But instead the #PillPenalty makes that choice for biotech companies, shifting R&D incentives toward large-molecule treatments. @RepGuthrie @RepMcGarvey
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Hear from Ipsita Smolinski of Capitol Street as she breaks down how the #PillPenalty is disincentivizing small molecule R&D—and why it matters for innovation.
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Per @ipwatchdog Pres/CEO: “The two big problems facing the pharmaceutical industry are #pricecontrols and an exaggerated incentive to abandon small molecule drugs in favor of biologics.” More here on the #PillPenalty. @txhbi
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Since the #IRA was introduced, the unintended consequences keep emerging. Executive Director @DLeonard_DC warns the #PillPenalty disproportionately affects pills and tablets—often the best option for seniors and other patients.
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.@incub8coalitionfounder urges Senate to address the #IRA #pillpenalty in Reconciliation or pass the #EPICAct to restore parity for pill-type drugs and biologics. #FixIRA
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In the past 6 years, 61% of new cancer drugs received additional FDA-approved uses. This means 1 medication could potentially treat multiple cancers. But the #PillPenalty could now deter companies from looking into these additional benefits. #EPICAct @RepGuthrie @RepMcGarvey
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Why the #biopharma industry and @WhiteHouse are among those looking to #FixIRA by eliminating the #PillPenalty in the #IRA. @txhbi
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Why surgeon and former Congressman Larry Bucshon is promoting the #EPICAct to address the #PillPenalty, as well as #IntellectualProperty protections and #340BReform.
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If Congress wants to deliver affordable healthcare to American patients, they need to follow @POTUS' executive order and pass the #EPICAct to end the harmful #PillPenalty. Learn more from @RepLarryBucshon:
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The IRA's #PillPenalty threatens treatments that are crucial to treating co-occurring conditions for people with Down syndrome, as well as therapies to prevent diseases like Alzheimer's. The #EPICAct is the solution we need to support this innovation.
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Small molecule drugs, which typically come in pill form, are used to treat many chronic conditions, mental health disorders, & even the common cold. The #IRA's #pillpenalty threatens future development of these #medicines:
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