The Biotech Investment Act

The Homeland Investment Act will allow Big Pharma to bring into the US a huge horde of foreign earnings at very attractive tax rates. Given the pipeline drought, some of that money is going to go to biotechs.

In the short term, Big Pharma will not lack for cash to fund their dealmaking, despite what analysts expect to be generally poor sales figures in the next year or so. One key reason: the Homeland Investment Act, passed by both houses of Congress and likely to get a signature from re-elected President Bush.

Today, to bring unremitted earnings or simple cash back into the US, companies have to pay the difference between often...

In Vivo Podcast

Candid conversations with C-suite leaders.

Keep up with strategy, innovation and evolving trends across life science industries.

More from Business Strategy

More from In Vivo