On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022 (the IRA) into law.
All entries for: Psychiatry
May 7, 2026
Neumora Therapeutics, Inc.
Neutral Outlook
Waltham, Massachusetts,
51-200 employees
For that and other reasons, it is currently unclear how the IRA will be effectuated, and while the impact of the IRA on the biopharmaceutical industry cannot yet be fully determined, it is likely to be significant.
Disease Area: Neurological Diseases, Psychiatry
Drug Type: Biologic, Small Molecule
March 31, 2026
Revium Rx
Neutral Outlook
Herzliya, Israel
1-50 employees
As another example, the IRA, includes a number of changes intended to address rising prescription drug prices in Medicare Parts B and D. These changes include caps on Medicare Part D out-of-pocket costs, Medicare Part B and Part D drug price inflation rebates, a new Medicare Part D manufacturer discount drug program (replacing the ACA Medicare Part D coverage gap discount program) and a drug price negotiation program for certain high spend Medicare Part B and D drugs (with the first list of drugs announced in 2023).
Disease Area: Neurological Diseases, Psychiatry
Drug Type: Small Molecule
March 30, 2026
Neumora Therapeutics
Neutral Outlook
Watertown, MA
51-200 employees
Since its enactment, there have been judicial, executive and political challenges to certain aspects of the ACA. On June 17, 2021, the U.S. Supreme Court dismissed the most recent judicial challenge to the ACA brought by several states without specifically ruling on the constitutionality of the ACA. On August 16, 2022, the Inflation Reduction Act of 2022 (the “IRA”) was signed into law, which, among other things, extended enhanced subsidies for individuals purchasing health insurance coverage in ACA marketplaces through plan year 2025. It is unclear how other healthcare reform measures, if any, will impact our business.
Disease Area: Psychiatry
Drug Type: Small Molecule
March 27, 2026
BioXcel Therapeutics, Inc.
Negative Outlook
New Haven, CT
51-200 employees
“Our results of operations could be materially adversely affected by proposed health care reforms, by the Inflation Reduction Act and other drug pricing legislation in the U.S., by the possible effect of such current or future legislation on amounts that private insurers will pay and by other health care reforms that may be enacted or adopted in the future.
“
Disease Area: Neurological Diseases, Psychiatry
Drug Type: Small Molecule
March 24, 2026
Compass Pathways Plc
Neutral Outlook
London, England
51-200 employees
The implementation of the IRA is currently subject to ongoing litigation challenging the constitutionality of the IRA’s Medicare drug price negotiation program. The overall impact that the IRA will have on our business and the healthcare industry in general is not yet known.
Disease Area: Neurological Diseases, Psychiatry
Drug Type: Small Molecule
March 16, 2026
Alto Neuroscience
Neutral Outlook
Mountain View, CA
51-200 employees
Since its enactment, there have been judicial, executive and political challenges and amendments to certain aspects of the ACA. For example, on August 16, 2022, the Inflation Reduction Act of 2022, or the IRA, was signed into law, which, among other things, extends enhanced subsidies for individuals purchasing health insurance coverage in ACA marketplaces through plan year 2025. It is unclear how other healthcare reform measures, if any, will impact our business.
Disease Area: Neurological Diseases, Psychiatry
Drug Type: Small Molecule