S.1416 - Affordable Prescriptions for Patients Act of 2019116th Congress (2019-2020)
|Sponsor:||Sen. Cornyn, John [R-TX] (Introduced 05/09/2019)|
|Committees:||Senate - Judiciary|
|Committee Meetings:||06/27/19 10:00AM 06/20/19 10:00AM|
|Latest Action:||Senate - 06/28/2019 Placed on Senate Legislative Calendar under General Orders. Calendar No. 132. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
Summary: S.1416 — 116th Congress (2019-2020)All Information (Except Text)
Introduced in Senate (05/09/2019)
Affordable Prescriptions for Patients Act of 2019
This bill prohibits patent thicketing and product hopping by drug manufacturers. In general, patent thicketing occurs when a drug manufacturer obtains new patents related to a previously-patented drug, biological product, or underlying chemical composition that extends the manufacturer’s market exclusivity for that drug without demonstrating that the new patents serve a meaningful purpose other than limiting competition from generic drug manufacturers.
Product hopping is presumed when a drug manufacturer obtains removal of a drug from the Food and Drug Administration’s approved drug list, discontinues a drug, or markets a reformulation of an already-approved drug during a certain period after which the manufacturer has been notified that a competing drug manufacturer has applied for generic drug approval. These practices are not considered product hopping if the manufacturer demonstrates that the drug was removed from the approved-drug list for safety reasons. Or, in the case of a drug reformulation, the manufacturer shows that the modified product provides a significant health benefit, is the option least likely to reduce competition, and is based on substantial financial considerations unrelated to limiting competition.
The Federal Trade Commission may penalize violating manufacturers and bring claims in federal court to prohibit the conduct and provide restitution.