This November, as we recognize National Lung Cancer Awareness Month, Congress must look to find new and innovative solutions to treat this terrible disease. Each year, lung cancer takes the lives of over 127,000 Americans, more than any other type of cancer in America. Unfortunately, at a time when we should be looking for new innovation, the Inflation Reduction Act, or IRA, has led to a slowdown in research and development of new drugs and therapies that could be critical to saving American lives. New price controls, which were established by the IRA, create a system of disincentives for smaller, innovative drug manufacturers that are working to treat rare diseases, including cancer. To address this issue, I have been joined by a bipartisan group of my colleagues to introduce the ORPHAN Cures Act. This legislation would amend the IRA to create a new exemption that would incentivize researchers to explore the development of new medications to treat rare diseases and cancers. The clock is ticking, and now is the time for Congress to pass this bipartisan solution for our constituents and the patients who are currently battling cancer and other rare diseases. ____________________
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