HR 9070
Affordable Prescriptions for Patients Act of 2024
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- Passed House
- Passed Senate
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- Became Law
Bill overview
The Affordable Prescriptions for Patients Act of 2024 aims to strengthen patent protection for reference products used in the development of new biologic drugs. Specifically, it limits the number of patents a company can use to challenge a competitor’s drug application, and clarifies the circumstances under which this limit can be increased. The bill also includes a funding allocation for the Medicare Improvement Fund. This legislation is intended to reduce uncertainty and potentially lower the cost of prescription drugs.
Sponsors
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Primary sponsor
Cosponsors
Eleanor Holmes [D-DC-At Large] Norton
Henry C. "Hank" Johnson
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