RE:RE:USA Inflation Reduction Act (IRA) 2022 Re: Biotech and ChinaThe IRA works to protect investment in biologics while dissuading the same in small molecules, which are easiler to genericize and have a greater prominance in India.
Consequently Big Pharma companies will be pivoting to biologic products, and making large investments in biologic companies like ONCY with the I/O agent pelareorep, which has an extensive patent portfolio protecting the agent, and Composition of Matter patents that preclude genericization of pelareorep.