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Bill > HR1506


US HR1506

US HR1506
FAIR Generics Act Fair And Immediate Release of Generic Drugs Act


summary

Introduced
03/05/2019
In Committee
04/08/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

A BILL To amend the Federal Food, Drug, and Cosmetic Act to ensure that valid generic drugs may enter the market. 1

AI Summary

This bill, the Fair And Immediate Release of Generic Drugs Act (FAIR Generics Act), amends the Federal Food, Drug, and Cosmetic Act to ensure that valid generic drugs can enter the market more quickly. It does this by modifying the rules around the 180-day exclusivity period granted to the first generic applicant, preventing agreements between branded and generic drug companies that delay the market entry of generic drugs, and requiring notification to the FDA of certain agreements related to generic drug approvals.

Committee Categories

Business and Industry, Health and Social Services, Justice

Sponsors (1)

Last Action

Referred to the Subcommittee on Courts, Intellectual Property, and the Internet. (on 04/08/2019)

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