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Friday, Oct 29 2010Drug And Device Makers Face New Taxes, FeesA Fox Business report shows the health overhaul is cutting deeper into drug and device makers profits than many expected. Research development programs are already being drastically scaled back. There are dwindling incentives to create new drugs and vaccines. And the full impact to the drug and medical devices sectors from the new health care law is yet to be fully scoped out. Drug companies like Pfizer, Bristol Myers Squibb and Eli Lilly are already disclosing profit hits from a little-understood and little-known tax on drug sales hidden in the law. Medical device makers, too, are curtailing RD and possibly new jobs MacDonald, 10/28 .This is part of the Morning Briefing, a summary of health policy coverage from major news organizations.Sign up for an email subscription.Recent Morning BriefingsToday, November 20Wednesday, November 19Tuesday, November 18Monday, November 17Friday, November 14Thursday, November 13MoreRSSWe want to hear from you: Contact UsMore From KFF Health NewsComplaints About Gaps in Medicare Advantage Networks Are Common. Federal Enforcement Is Rare.Waning Immunity and Falling Vaccination Rates Fuel Pertussis OutbreaksA Small Texas Think Tank Cultivated Covid Dissidents. Now Theyre Run
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