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Extends Drug Price Negotiation Period
Recent Bills/Extends Drug Price Negotiation Period

Extends Drug Price Negotiation Period

IntroducedN/A
Introduced1 year ago
Intro
Senate
House
Pres
Read twice and referred to the Committee on Finance.
More:Recently Introduced BillsHealthcareSenate Bills
Why This Matters

This bill equalizes the negotiation periods for drug prices between small-molecule and biologic medications, ensuring more time for negotiations.

If you use biologic medications, this bill ensures a minimum of 11 years for price negotiations starting in 2028.
Who this affects
patients · pharmaceutical companies
What changes is this bill making?
  1. 1This bill increases the time for negotiating drug prices for certain medications.
  2. 2It sets a minimum negotiation period of 11 years for biologic drugs after their approval.
  3. 3For the years 2026 and 2027, the negotiation period remains at 7 years for small-molecule drugs.
  4. 4The changes aim to create a fairer process for both types of drugs in the market.
Read the detailed summary

Ensuring Pathways to Innovative Cures Act of 2025 or the EPIC Act of 2025This bill lengthens the amount of time for which drug products must have market approval in order for the products to qualify for negotiation under the Medicare Drug Price Negotiation Program. The Medicare Drug Price Negotiation Program requires the Centers for Medicare & Medicaid Services to negotiate the prices of certain prescription drugs under Medicare beginning in 2026. Among other requirements, drugs must have had market approval for at least 7 years (for drug products) or 11 years (for biologics) to qualify for negotiation. The bill modifies these provisions so as to require drug products to also have had at least 11 years of market approval in order to qualify for negotiation beginning in 2028.

Last changed 2 months ago · checked hourly

Bill Progress1 of 4
Bills must pass the House, Senate, and be signed by the President to become law.
Intro
Senate
House
Pres
IntroducedCurrentJan 31, 2025

Read twice and referred to the Committee on Finance.

Sponsors
See all 4 sponsors
Senate
House
President

The President

Donald Trump
President
Awaiting Vote
Similar Bills
House Bill · HR 1492
1 of 4 · Introduced
To amend title XI of the Social Security Act to equalize the negotiation period between small-molecule and biologic candidates under the Drug Price Negotiation Program.
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