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United States · Bill · S

S. 3094 (114th)

PRICED Act

referredUnited States· United States Congress· EN

Introduced

23 June 2016

Last action

Status

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Sponsors

Subjects

Discovery layer

Source updated

5 December 2025

Summary

Price Relief, Innovation, and Competition for Essential Drugs Act or the PRICED Act This bill amends the Public Health Service Act to allow biosimilars to be marketed seven years after the reference brand name biological product is licensed. Currently, brand name biological products are provided a 12-year marketing exclusivity period. This shortened marketing exclusivity period applies only to biological products licensed by the Food and Drug Administration after enactment of this bill.

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Documents

3 official files

Introduced in Senate (text)

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Sources

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