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S. 3094

PRICED Act

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.

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Sen. Brown, Sherrod [D-OH](D-OH)Sponsor
1 cosponsor1 R
1cosponsors1committees2actions1related bills3subjects
  1. IntroReferral

    Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

    Health, Education, Labor, and Pensions Committee
  2. IntroReferral10000

    Introduced in Senate

PRICED Act — Informed