Balancing Acts: GLP-1 Sales Surge, Inflation Reduction, and Pharma's Oncology Dilemma
- Umporn Cannon
- May 6, 2024
- 1 min read

The rapid growth of GLP-1 drug sales has been remarkable, driven by their effectiveness in managing diabetes and obesity. However, this success has been juxtaposed against the Inflation Reduction Act, which aims to curb rising healthcare costs but inadvertently constrains resources available to pharmaceutical companies. As a result, there's a concerning downward trend in funding for research and development in rare cancers and smaller indications within oncology. This highlights a complex interplay between market forces, healthcare policy, and the allocation of resources within the pharmaceutical industry, posing significant challenges for addressing unmet medical needs in niche areas of oncology.
Come talk with Pacesetter Clinical Research Group about how we believe we can play a role in helping your company navigate through Pharma's Oncology Dilemma!
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