President's Budget Offers Mixed Bag for Biopharma

Serebrov, Mari
April 2013
BioWorld Today;4/11/2013, Vol. 24 Issue 69, p1
The article reports on the impact of U.S. President Barack Obama's proposed $3.77 trillion budget for 2014 on the biopharmaceuticals industry. It notes that the proposed budget has brought mixed effects on the industry when it comes to health care spending and tax reforms. It is predicted that the proposal will reduce biologic exclusivity, suppress Medicare fraud and align Medicare drug payment.


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