Taxes, tariffs and rates hold key to industry's future

Today’s Big News

Jun 18, 2025

Marty Makary talks DOGE cuts, new voucher program and why FDA still 'on track' to meet all PDUFA dates


FDA launches new priority review voucher for biopharmas that ‘align with national priorities’


US accused of denying R&D grants for biotechs based on international investor links


Taxes, tariffs and interest rates hold key to biotech's future amid uncertain outlook: EY


US biotechs must shift strategy amid rising costs, global competition: Antares CEO


China's rapid rise creates 'heightened risks' for pharma: PwC


In setback for biopharma, Senate version of Trump's tax bill drops Orphan Cures Act

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Featured

Marty Makary talks DOGE cuts, new voucher program and why FDA still 'on track' to meet all PDUFA dates

“I'm proud to report that we're on track to meet all the PDUFA targets, and that morale is good and improving at the agency,” FDA's Marty Makary said at this year’s BIO, an international convention that has attracted 23,000 attendees.
 

Top Stories

FDA launches new priority review voucher program for biopharmas that ‘align with national priorities’

The FDA is introducing a new priority voucher program designed to shorten the drug review process time from 10 to 12 months down to one or two months, according to the agency.

US accused of denying R&D grants for biotechs based on international investor links

The Department of Health and Human Services is allegedly canceling clinical trial funding for biotechs with ties to certain foreign investors, Fierce Biotech has learned.

Taxes, tariffs and interest rates hold key to biotech's future amid uncertain outlook: EY

“This is probably one of the toughest years to predict,” Arda Ural, Ph.D., EY Americas Life Sciences Sector Leader, said on a conference call last week.

US biotechs must shift strategy amid rising costs, global competition: Antares CEO

Antares may be forging ahead with Scorpion's leadership team, but the company is adopting a different approach designed to account for the drastic transformation in both the biotech and macroeconomic environments.

China's rapid rise creates 'heightened risks' for pharma: PwC

PwC analysts have warned the speedy evolution of the Chinese biotech sector is creating “heightened risks related to IP security, regulatory compliance and strategic alignment.”

In setback for biopharma, Senate version of Trump's tax bill drops Orphan Cures Act

The biopharma industry has hit a setback in its ambition to leverage President Donald Trump’s “big, beautiful bill” to amend an Inflation Reduction Act provision currently affecting treatments for rare diseases.

Ousted ACIP members fire back at RFK Jr.'s 'destabilizing' decisions for US vaccine policy

Following HHS secretary Robert F. Kennedy Jr.’s decision last week to purge the CDC’s Advisory Committee on Immunization Practices and appoint his own replacements, the 17 ousted experts are hitting back at the arguments behind the cull.

Bavarian Nordic's $160M FDA speedy review voucher sale shows prices keep rising amid concerns over key program

The value of priority review vouchers (PRVs) appears to be on the rise as concerns mount over declining supplies following the sunset of the rare pediatric disease PRV program.
 
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