Maximize Farm CI Score Cash-In with Inflation Reduction Act

TL/DR - The 45Z tax credit, part of the Inflation Reduction Act and due to go into effect on January 1, 2025, is expected to increase the value of farmers' Carbon Intensity (CI) scores. The tax credit is linked to the amount of carbon intensity, with two cents per gallon offered for every point an ethanol plant can get below 50 on their CI score.…

Severe Midwest Tornadoes: 3 Dead in Ohio, Indiana Damage

TL/DR - Three people were killed and buildings flattened in Logan County, Ohio, after a possible tornado hit the area. Severe weather also caused considerable damage and injuries in Winchester, Indiana. More than 300 storm reports were made across the US on Thursday, the most active day of the year so far for destructive weather. Severe…

Impact of Inflation Reduction Act on Biosimilars

TL/DR - The Inflation Reduction Act (IRA), signed into law in August 2022, has introduced several provisions affecting the pharmaceutical industry, particularly biosimilars. The IRA promotes adoption of biosimilars by increasing their reimbursement rate in Medicare Part B to 108% of Average Selling Price (ASP) for a 5-year period until December…