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HR 3379 116th Congress House Health Drug safety, medical device, and laboratory regulation Licensing and registrations Marketing and advertising

PRICED Act

Introduced: June 20, 2019 Introduced by: Schakowsky, Janice D. Democratic · Illinois See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 21, 2019
Referred to the Subcommittee on Health.
Jun 20, 2019
Referred to the House Committee on Energy and Commerce.
Jun 20, 2019
Introduced in House
 Plain-English summary Congressional Research Service

Price Relief, Innovation, and Competition for Essential Drugs Act or the PRICED Act

This bill allows biosimilars to be marketed five years after the reference brand-name biological product is licensed. Currently, brand-name biological products are provided a 12-year marketing-exclusivity period.

This shortened marketing-exclusivity period applies only to biological products licensed by the Food and Drug Administration after enactment of this bill.

What's happening now June 21, 2019

Referred to the Subcommittee on Health.

 Committees of jurisdiction 2