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United States · Bill · HR

H.R. 916 (103rd)

Prescription Drug Prices Review Board Act of 1993

openUnited States· United States Congress· EN

Introduced

16 February 1993

Last action

Status

Sponsor introductory remarks on measure. (CR E1889)

Sponsors

Subjects

Discovery layer

Source updated

3 June 2026

Summary

Prescription Drug Prices Review Board Act of 1993 - Establishes in the Food and Drug Administration the Patented Medicine Prices Review Board which shall have the power to decrease the length of term of a prescription drug patent if, after notice and a hearing, it is found that the drug's price is excessive. Defines the term excessive price. Allows the Board to require the recapture of tax benefits provided to the patentee of an excessively priced drug.

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Documents

3 official files

Introduced in House (text)

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