IRA Already Impacting Merck & Co. BD Decisions, CEO Davis Says

 
• By Jessica Merrill
  
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Merck & Co. CEO Rob Davis said the company is already factoring policy changes from the Inflation Reduction Act into its business development decisions.

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The drug industry is trying to figure out how to navigate the IRA • Source: Shutterstock

Merck & Co., Inc. CEO Rob Davis said the Inflation Reduction Act’s (IRA) drug-pricing policies are already affecting the company's R&D and business development decisions. Davis talked about grappling with the new US drug pricing policies, which will pave the way for Medicare drug price negotiations, while speaking at the Goldman Sachs Healthcare CEOs Unscripted Conference on 5 January.

"It's going to change how you think about strategically bringing assets forward," he said of the IRA. "I think it...

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