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Bill > HR7174


US HR7174

US HR7174
To amend title XI of the Social Security Act to equalize the negotiation period between small-molecule and biologic candidates under the Drug Price Negotiation Program.


summary

Introduced
01/31/2024
In Committee
12/17/2024
Crossed Over
Passed
Dead
01/03/2025

Introduced Session

118th Congress

Bill Summary

A BILL To amend title XI of the Social Security Act to equalize the negotiation period between small-molecule and biologic candidates under the Drug Price Negotiation Program.

AI Summary

This bill amends the Social Security Act to equalize the negotiation period for small-molecule and biologic drug candidates under the Drug Price Negotiation Program. Specifically, it increases the negotiation period for small-molecule drugs from 7 years to 11 years, aligning it with the existing 11-year negotiation period for biologic drugs. The amendment takes effect as if it was included in the original enactment of Public Law 117-169.

Committee Categories

Business and Industry, Health and Social Services

Sponsors (18)

Last Action

Referred to the Subcommittee on Health. (on 12/17/2024)

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