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.
Status:
Expired
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