OFFICIAL LEGAL TITLE
Modernizing Therapeutic Equivalence Rating Determination Act
FREQUENTLY ASKED QUESTIONS
What is the official ID of this bill?
The official print number for this legislation is 117_S_1463.
Which chamber initiated this legislation?
This legislation was initiated in the Senate.
When did the legislative process begin?
The process officially started on 2021-04-29.
What are the main provisions?
Key points include:
- The FDA will be required to determine therapeutic equivalence for generic drugs within 30 days of their approval.
- This will accelerate the market entry of more affordable drug versions, potentially reducing healthcare expenses.
- The act mandates that the FDA simultaneously review similar drugs, streamlining the process and ensuring consistent decisions.
What is the specific legal status?
The current status is Expired.
Where can I read the full text of this legislation?
The full official text is available at:
View full text
Who is the primary sponsor?
The primary sponsor is Sen. Cassidy, Bill [R-LA].
What is the latest detailed status?
The latest detailed status is: Introduced in Senate
Is this summary verified?
Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.