Affordable Drug Manufacturing Act Reintroduced

Share

Rep. Jan Schakowsky (D-IL) and Sen. Elizabeth Warren (D-MA) have reintroduced their Affordable Drug Manufacturing Act (H.R. 5501), described as an “ambitious proposal to address the skyrocketing price of prescription drugs.” A statement issued by Schakowsky (includes links to bill text and summary) says the measure would lower prices and increase competition in the generic drug market by establishing an Office of Drug Manufacturing in HHS and charging it with manufacturing select generic drugs and offering them to consumers at a fair price that guarantees affordable patient access.

The law says the new Office of Drug Manufacturing would be authorized to manufacture generic drugs under one of these key conditions

  •          no company is marketing the drug;
  •          only one or two companies market the drug and the price has spiked;
  •          only one or two companies market the drug and it is in shortage; or
  •          only one or two companies market the drug, the price is a barrier to patient access, and the drug is listed by the World Health Organization as an “essential medicine.”

Read more