Tourmaline Bio, Inc. – 08-13, 2025

…the Inflation Reduction Act of 2022 (the “IRA”) was signed into law, which among other things, (1) directs the HHS, to negotiate the price of certain single-source biologics that have been on the market for at least 11 years covered under Medicare (the “Medicare Drug Price Negotiation Program”) and (2) imposes rebates under Medicare Part B and Medicare Part D to penalize price increases that outpace inflation

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