Bipartisan Bill to Codify Trump Drug Price Order

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Four House members have introduced the Global Fairness in Drug Pricing Act to codify major portions of President Trump’s executive order on drug pricing. The legislation was introduced by Reps. Ro Khanna (D-CA), Anna Paulina Luna (R-FL), Marcy Kaptur (D-OH), and Andy Biggs (R-AZ).

A statement issued by Khanna says, “Americans pay the highest prescription drug prices in the world, in some cases up to 10 times more than patients in other comparably developed nations for the same exact medications. President Trump’s executive order, while a step forward, could be tied up in the courts and delayed indefinitely, without action from Congress.”

The statement says the bill would:

  • direct HHS to propose rulemaking that imposes “most-favored-nation” price targets, aligning U.S. drug prices with those in peer countries; and
  • authorize FDA to consistently grant importation waivers for prescription drugs from countries with strong safety records and lower costs.

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