summary
Introduced
05/21/2025
05/21/2025
In Committee
05/21/2025
05/21/2025
Crossed Over
Passed
Dead
Introduced Session
119th Congress
Bill Summary
A BILL To significantly lower prescription drug prices for patients in the United States by ending government-granted monopolies for manufacturers who charge drug prices that are higher than the median prices at which the drugs are available in other countries.
AI Summary
This bill, titled the "Prescription Drug Price Relief Act of 2025," aims to reduce prescription drug prices in the United States by implementing a comprehensive strategy to address excessively priced medications. The bill establishes a process for the Secretary of Health and Human Services to review brand name drugs and determine if their prices are excessive by comparing them to prices in five reference countries (Canada, United Kingdom, Germany, France, and Japan). If a drug is found to have an excessive price, the government will waive or void any existing drug monopolies and grant open, non-exclusive licenses to other manufacturers to produce the drug. The bill requires drug manufacturers to submit detailed annual reports about their drug pricing, research and development costs, and marketing expenses. Additionally, it creates a public database to track excessive drug pricing and authorizes the government to take civil action against manufacturers who increase drug prices after being identified as excessively priced. The legislation also prohibits anticompetitive behavior and sets up a system where generic or biosimilar drug manufacturers can obtain licenses to produce expensive drugs, paying a reasonable royalty to the original manufacturer. The ultimate goal is to make prescription drugs more affordable by introducing competition and transparency into the pharmaceutical market.
Committee Categories
Business and Industry
Sponsors (5)
Last Action
Referred to the Committee on Energy and Commerce, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (on 05/21/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://www.congress.gov/bill/119th-congress/house-bill/3546/all-info |
BillText | https://www.congress.gov/119/bills/hr3546/BILLS-119hr3546ih.pdf |
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