Patients will lose access to 40% of future medicines because of the IRA, new research finds.

New research released by Vital Transformation (VT) shows that the Inflation Reduction Act (IRA) will stifle the ability of companies to continue research and development across a broad range of therapeutic areas. The effects of the IRA will have a far more serious impact on the development of new medicines than has been reported, according to the research.Continue reading

KOL Conversation: The Impact of the IRA on Oncology Patient Care

Impact of the IRA on Oncology Patient Care features an interview with Dr. Barbara L. McAneny, MD, FASCO, MACP Former President for the American Medical Association and the New Mexico Medical Society (NMMS); and currently CEO, New Mexico Cancer Center.

With Dr. Steve Potts CEO, Anticipate Bioscience.

Impact of the IRA on Oncology Patient Care was recorded on the 26th of May 2023Continue reading

How You Can Impact Arizona’s Innovation Future

Grass roots advocacy is when people engage in the legislative process by sharing their views with their elected leaders.  It can take the form of writing or signing on to letters, testifying at hearings, attending town halls, visiting an elected leader at their office; or, here in Arizona, sharing their position on bills at the Legislature using the Request to Speak System. Continue reading

Funding for the Arizona Health Innovation Trust Fund Passes in Senate Appropriations

The Arizona Health Innovation Trust Fund (AHIT) was established in 2022 to develop workforce programs; support small health innovation businesses; and provide other financial support that will drive growth in Arizona’s life science sector. On February 23, 2023, SB1084 was amended to appropriate $50 million in funding for AHIT in Arizona’s FY24 budget and declares that the Legislature intends that the Fund steadily grows to maintain a permanent endowment balance of at least $200 million. The amended bill received a Do Pass as Amended recommendation.  SB1084 now moves to consideration by the Senate Rules Committee.Continue reading

Arizona’s Opportunity to Drive Health Innovation Forward Faster

In 2022, Arizona established the Arizona Health Innovation Trust Fund as a vehicle to drive the creation of health innovations that can improve quality of life for people of Arizona and increase opportunities for the high quality jobs Arizona Health Innovators create.  The FY2023 appropriation was $100,000 to allow the initial set up of the fund.  In 2023, two bills at the Arizona Legislature (HB2253 and SB1084) propose a $200 million dollar one-time investment into the Arizona Health Innovation Trust Fund.Continue reading