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Medicine Stockpile: Ensuring Access to Generic Drugs for Americans

This new law aims to create stockpiles of essential generic drugs to prevent shortages. This will ensure that citizens have access to necessary medications, enhancing health security and reducing the risk of treatment interruptions.
Key points
Establishing strategic stockpiles of generic drugs at risk of shortage to ensure at least 6 months of supply.
Selecting up to 50 key generic drugs for the stockpile program, with a publicly available list.
Pharmaceutical companies will manage these stockpiles, selling older batches and replacing them to prevent expiration.
The government will pay companies for maintaining these stockpiles, and their operations will be regularly audited.
The goal is to prevent situations where citizens cannot obtain needed medications due to market shortages.
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Additional Information
Print number: 117_HR_2870
Sponsor: Rep. Carter, Earl L. "Buddy" [R-GA-1]
Process start date: 2021-04-28