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Faster Approval of Generic Drugs with New Safety Information

This act aims to accelerate the market entry of more affordable generic drugs. It allows for their approval even if certain safety information, protected by exclusivity for original drugs, is missing. This means citizens could gain quicker access to cheaper drug alternatives, potentially lowering healthcare costs.
Key points
Generic drugs can be approved faster, even if their labels omit safety information protected by exclusivity for original drugs.
Essential safety information will still be required on generic drug labels to ensure safe use.
The act does not affect existing exclusivity rights for original drugs but facilitates access to cheaper alternatives.
This could lead to lower drug costs for patients and increased availability of important treatments.
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Additional Information
Print number: 117_HR_2831
Sponsor: Rep. Barragan, Nanette Diaz [D-CA-44]
Process start date: 2021-04-26