H.R.2562 - Making Pharmaceutical Markets More Competitive Act115th Congress (2017-2018) |
|Sponsor:||Rep. Kelly, Mike [R-PA-3] (Introduced 05/19/2017)|
|Committees:||House - Energy and Commerce|
|Latest Action:||House - 05/26/2017 Referred to the Subcommittee on Health. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
- Passed House
- Passed Senate
- To President
- Became Law
Summary: H.R.2562 — 115th Congress (2017-2018)All Information (Except Text)
Introduced in House (05/19/2017)
Making Pharmaceutical Markets More Competitive Act
This bill amends the Federal Food, Drug, and Cosmetic Act to require the Food and Drug Administration (FDA) to prioritize the review of generic drug applications and supplements with respect to drugs that are in a shortage or for which there are not more than three approved drugs.
The holder of an approved drug application must notify the FDA within 180 days of withdrawing or transferring the application or withdrawing the drug from sale.
The FDA must maintain a list of generic drugs with three or fewer holders of approved applications.