President Joe Biden’s move to put a cap on drug prices may have ruined the country’s chance of discovering a cure for cancer in the next 25 years.
Sally C. Pipes, a health care policy expert and president of the Pacific Research Institute, explained as much in a Feb. 8 article for Forbes.
The article was written in response to Biden’s State of the Union address given the night before.

During his speech, Biden touted a provision of the recently passed Inflation Reduction Act which essentially put a cap on the price of certain prescription drugs.
“Too many of you lay in bed at night staring a …