[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[S. 3094 Introduced in Senate (IS)]

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114th CONGRESS
  2d Session
                                S. 3094

   To amend the Public Health Service Act to shorten the exclusivity 
     period for brand name biological products from 12 to 7 years.


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                   IN THE SENATE OF THE UNITED STATES

                             June 23, 2016

 Mr. Brown (for himself and Mr. McCain) introduced the following bill; 
     which was read twice and referred to the Committee on Health, 
                     Education, Labor, and Pensions

_______________________________________________________________________

                                 A BILL


 
   To amend the Public Health Service Act to shorten the exclusivity 
     period for brand name biological products from 12 to 7 years.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Price Relief, Innovation, and 
Competition for Essential Drugs Act'' or the ``PRICED Act''.

SEC. 2. EXCLUSIVITY PERIOD FOR BRAND NAME BIOLOGICAL PRODUCTS.

    (a) In General.--Section 351(k)(7)(A) of the Public Health Service 
Act (42 U.S.C. 262(k)(7)(A)) is amended by striking ``12 years'' and 
inserting ``7 years''.
    (b) Conforming Changes.--Paragraphs (2)(A) and (3)(A) of section 
351(m) of the Public Health Service Act (42 U.S.C. 262(m)) is amended 
by striking ``12 years'' each place it appears and inserting ``7 
years''.
    (c) Applicability.--This Act and the amendments made by this Act 
apply only with respect to a biological product for which the reference 
product (as such term is used in section 351 of the Public Health 
Service Act (42 U.S.C. 262)) is licensed under subsection (a) of such 
section on or after the date of enactment of this Act.
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