Orphan drug tax credit would be made permanent under Hatch/Baucus bill (S 293).
Executive Summary
ORPHAN DRUG TAX CREDIT PERMANENT EXTENSION BILL INTRODUCED FEB. 10 by Sens. Hatch (R-Utah) and Baucus (D-Mont.). The Orphan Drug Act of 1997 (S 293) is a stand-alone bill, reflecting the hope of proponents that an extension of the relatively inexpensive orphan credit will be easier to enact if it is not attached to a broader tax incentive package ("The Pink Sheet" Jan. 27, T&G-10).