House Committee Advances 4 Drug Pricing Bills

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The House Judiciary Committee has unanimously passed four bills to address prescription drug pricing. A committee media release says that marking up and advancing the four bills is part of the first phase of the committee’s agenda to lower the cost of prescription drugs. The bills are: 

  •          H.R. 2375, the Preserve Access to Affordable Generics and Biosimilars Act, would strengthen the Federal Trade Commission’s ability to challenge anticompetitive pay-for-delay agreements in court;
  •          H.R. 965, the Creating and Restoring Equal Access to Equivalent Samples (CREATES) Act, would prohibit drug companies from engaging in anti-competitive conduct to prevent generic versions of prescription drugs from entering the marketplace;
  •          H.R. 2374, the Stop Significant and Time-wasting Abuse Limiting Legitimate Innovation of New Generics (Stop STALLING) Act, would curb abuse of the FDA citizen petition process and expand access to prescription drugs by reducing incentives for branded pharmaceutical companies to interfere with the regulatory approval of generics and biosimilars that competes with their own products; and
  •          H.R. 2376, the Prescription Pricing for the People Act of 2019, would require the Federal Trade Commission to study the state of competition in the drug supply chain, focusing on whether pharmacy benefit managers have engaged in any anti-competitive practices.

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