A small change to the Inflation Reduction Act (IRA)—supported by voters—would make a big difference for patients with rare diseases,
writes BIO Chair Dr. Ted Love in RealClearHealth.
Developing orphan drugs for rare diseases is challenging: “Such small patient populations create enormous financial and practical barriers to developing cures and therapeutics,” writes Dr. Love.
They’re exempt from price controls—but only if they’re approved to treat one disease. However, nearly a quarter of orphan drugs approved since 2003 “were later approved to treat additional diseases,” he says.
“As a result, the IRA discourages researchers from investigating whether existing orphan drugs have additional uses or at best, it incentivizes delaying launching the drug as long as possible. This would deal an enormous blow to the rare-disease research community,” he explains.
A solution:The ORPHAN Cures Act, which would change the IRA’s incentive structure to encourage follow-on investment—and has bipartisan backing in the House and Senate.
What voters want: 94% of American voters consider rare disease drug research important, and 85% think it’s critical for the government to “expand incentives for rare disease drug development,”
finds a poll conducted by Morning Consult for BIO.
The bottom line: “It’s hard to believe the IRA’s architects actually intended to derail research into rare diseases. Yet that’s exactly what’s happening. Lawmakers can reverse course and correct the problem by passing the ORPHAN Cures Act,”
Dr. Love concludes.