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Study on Pharmaceutical Advertising's Impact on Drug Costs for Consumers

This act mandates a study to investigate how direct-to-consumer pharmaceutical advertising affects drug prices for consumers. The goal is to understand if these advertisements increase drug costs paid by citizens and how to address this. The study's findings will be publicly available, helping citizens better understand drug pricing mechanisms.
Key points
Mandates a study on how direct-to-consumer pharmaceutical advertising impacts drug costs.
Examines ways to reduce drug costs by splitting advertising expenses among manufacturers.
Assesses the role of advertisements in promoting potentially unnecessary medications to patients.
Study results will be made public, increasing transparency in the pharmaceutical market.
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Additional Information
Print number: 117_HR_4278
Sponsor: Rep. Murphy, Gregory [R-NC-3]
Process start date: 2021-06-30