arrow_back Back to App

Support for Drug and Medical Device Manufacturers: Lower Prices and Access

This act aims to lower the cost of prescription drugs and medical devices and increase their availability by supporting non-profit manufacturers. Citizens can expect easier access to essential medical products and potentially lower healthcare costs, impacting their personal finances and health.
Key points
The government will provide grants and low-interest loans to non-profit organizations that manufacture drugs and medical devices.
These companies must offer their products at lower prices, and their highest salaries cannot exceed 40 times their lowest salaries.
The act seeks to reduce shortages of drugs and medical devices in the market, improving public health security.
Non-profit organizations producing drugs and medical devices may be exempt from certain regulatory fees.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_S_2257
Sponsor: Sen. Rosen, Jacky [D-NV]
Process start date: 2021-06-24
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Expanding Access to Affordable Prescription Drugs and Medical Devices Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_2257.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-06-24.

What are the main provisions?

Key points include:

  • The government will provide grants and low-interest loans to non-profit organizations that manufacture drugs and medical devices.
  • These companies must offer their products at lower prices, and their highest salaries cannot exceed 40 times their lowest salaries.
  • The act seeks to reduce shortages of drugs and medical devices in the market, improving public health security.
  • Non-profit organizations producing drugs and medical devices may be exempt from certain regulatory fees.
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. Rosen, Jacky [D-NV].

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.

CATEGORIES

Health Economy