Ema
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Buried within the draft tax reform proposal released last Wednesday by House Ways & Means Committee leadership is a proposal to eliminate incentives for drug manufacturers to develop therapies to treat and cure the more than 7,000 rare diseases afflicting more than 30 million Americans.
The Congressional Joint Committee on Taxation estimates that repealing the Orphan Drug Tax Credit will save the government $9.1 billion over the next 10 years – but the true cost of ending the program will come in the form of lost hope, continued suffering, and countless lives lost when needed new medicines are not developed.
Read more: http://thehill.com/blogs/congress-b...-government-savings-over-saving#ixzz2vU2j15pO
Follow us: @thehill on Twitter | TheHill on Facebook
The Congressional Joint Committee on Taxation estimates that repealing the Orphan Drug Tax Credit will save the government $9.1 billion over the next 10 years – but the true cost of ending the program will come in the form of lost hope, continued suffering, and countless lives lost when needed new medicines are not developed.
Read more: http://thehill.com/blogs/congress-b...-government-savings-over-saving#ixzz2vU2j15pO
Follow us: @thehill on Twitter | TheHill on Facebook