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US S1435

US S1435
Affordable Prescriptions for Patients Act of 2021


summary

Introduced
04/28/2021
In Committee
07/29/2021
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To amend the Federal Trade Commission Act to prohibit product hopping, and for other purposes.

AI Summary

This bill, the Affordable Prescriptions for Patients Act of 2021, amends the Federal Trade Commission Act to prohibit "product hopping" - a practice where drug manufacturers make minor changes to their products to prevent or delay generic or biosimilar competition. The bill defines "product hopping" and establishes that it is an unfair method of competition, with certain exceptions. The bill also limits the number of patents a reference product sponsor can assert against a biosimilar applicant in patent litigation. The amendments in this bill aim to promote competition and access to more affordable prescription drugs.

Committee Categories

Justice

Sponsors (17)

Last Action

Committee on the Judiciary. Ordered to be reported with an amendment in the nature of a substitute favorably. (on 07/29/2021)

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