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RL31511

Federal Taxation of the Drug Industry and Its Effects on New Drug Development

Published Mar 18, 2009Updated Jun 20, 2025

The Congressional Research Service is a nonpartisan policy and legal analysis arm of the Library of Congress. CRS reports are written for members of Congress and their staff, not the public — but they’re made available openly through Congress.gov.

Federal Taxation of the Drug Industry and Its Effects on New Drug Development — Informed