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H.R. 6577 · 115th Congress

Price Relief, Innovation, and Competition for Essential Drugs Act

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

No cosponsors.

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

What it does: CRS summary · Introduced in House · Jul 26, 2018

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

This bill amends the Public Health Service Act to allow biosimilars to be marketed seven 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.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Price Relief, Innovation, and Competition for Essential Drugs Act

Also known as: PRICED Act

Latest action (Jul 27, 2018): Referred to the Subcommittee on Health.

Policy area: Health · Origin: House · Introduced: Jul 26, 2018

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.