Johnson & Johnson How do you view IRA and the future impact it will have on the Pharmaceutical Industry?

How will it shape the future of these institutions. More specifically, R&D, Commercial, Marketing? AstraZeneca Merck Pfizer Johnson & Johnson Bristol Myers Squibb GSK

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Cost cutting within R&D. But more importantly, selective targeting of that first indication because the clock starts as soon as that first one starts. No more starting small and broadening out indications. You go for the largest one first, even if that’s harder and takes longer to land. Of course, those in the smaller indications suffer meanwhile. But that’s how it goes with the law.

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Cost cutting across the board, heavier prioritisation, more differentiation with RWE

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Curious about this as well. This is going to be part of my responsibility as compliance counsel, though it doesn’t affect us yet.

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Cost cutting

It depends on how many products are on the list. BMS is worried but they have some LOEs coming up as well. AZ isn’t concerned since they have diversity in therapy areas.

Layoffs across the board

A much needed reset. Going to be turbulent for a bit but the industry will find ways to adapt and thrive.

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