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Government,
Health Care & Hospital Law

Jul. 5, 2023

WILL THE INFLATION REDUCTION ACT SPELL THE END OF HATCH-WAXMAN LITIGATION?

See more on WILL THE INFLATION REDUCTION ACT SPELL THE END OF HATCH-WAXMAN LITIGATION?

Alexa R. Hansen

Partner
Covington & Burling LLP

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The Inflation Reduction Act of 2022 (IRA) has received a lot of attention concerning its potential effect on everything from IRS funding to clean energy. But one aspect of the IRA that has caused much discussion among pharmaceutical companies is the “Price Negotiation Program.” Under this program, drugs approved under new drug applications (NDAs), including “small molecule” (chemically synthesized) drugs, are eligible for selection for “negotiation” (i.e., price setti...

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