Orphan drug Essay Examples

Impact of recent tax reform costs on orphan drug

Taxation Within a sweeping tax reform bill, House Republicans on 02 Nov 2017 proposed eliminating billions of dollars in corporate taxes credits that contain played a vital role in the booming “orphan drug” market. The credits were accepted as part of the 1983 Orphan Medication Act (ODA). Under current policy, pharmaceutical drug and biotech companies […]