HR 7828 117th Congress House Health

PRICED Act

Introduced: May 18, 2022 Introduced by: Schakowsky, Janice D. Democratic · Illinois See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

May 18, 2022

Referred to the House Committee on Energy and Commerce.

May 18, 2022

Introduced in House

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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 May 18, 2022

Referred to the House Committee on Energy and Commerce.

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