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Bipartisan legislation has been introduced in the U.S. House of Representatives and the U.S. Senate (H.R. 2632, S. 1410) to encourage life sciences investment by increasing the existing research and development (R&D) tax credit
The U.S. Supreme Court largely upheld the constitutionality of the healthcare reform law known as the Affordable Care Act, thus allowing the Food and Drug Administration (FDA) to move forward with the implementation of provisions creating an approval pathway for biosimilars, generic drugs that are the equivalent of brand-name biologics
