3.0.0 3094 2023-01-11T13:32:38Z 2023-01-11T13:32:38Z Senate S 2016-06-23 114 sshr00 Health, Education, Labor, and Pensions Committee Senate Standing Referred to 2016-06-23T19:58:41Z PRICED Act 114 5573 HR 2016-06-23 Referred to the House Committee on Energy and Commerce. Identical bill CRS 2016-06-23 sshr00 Health, Education, Labor, and Pensions Committee Senate Read twice and referred to the Committee on Health, Education, Labor, and Pensions. IntroReferral 2016-06-23 Introduced in Senate IntroReferral 10000 9 Library of Congress B000944 Sen. Brown, Sherrod [D-OH] Sherrod Brown D OH N M000303 Sen. McCain, John [R-AZ] JOHN MCCAIN R AZ SIDNEY 2016-06-23 True Health Drug safety, medical device, and laboratory regulation Licensing and registrations Marketing and advertising Health 00 2016-06-23 Introduced in Senate 2016-07-15T13:47:05Z Price Relief, Innovation, and Competition for Essential Drugs Act or the PRICED Act

This bill amends the Public Health Service Act to allow biosimilars to be marketed seven years after the reference brand name biological product is licensed. Currently, brand name biological products are provided a 12-year marketing exclusivity period.

This shortened marketing exclusivity period applies only to biological products licensed by the Food and Drug Administration after enactment of this bill.]]> PRICED Act Display Title PRICED Act Official Title as Introduced A bill to amend the Public Health Service Act to shorten the exclusivity period for brand name biological products from 12 to 7 years. Introduced in Senate IS Short Titles as Introduced PRICED Act Short Titles as Introduced Price Relief, Innovation, and Competition for Essential Drugs Act Introduced in Senate 2016-06-23T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114s3094is/xml/BILLS-114s3094is.xml 2016-06-23 Read twice and referred to the Committee on Health, Education, Labor, and Pensions. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.