arrow_back Back to App

Increased Transparency of Drug Research and Manufacturing Costs

New regulations aim to increase the transparency of drug clinical trial costs and pharmaceutical companies' research and development expenditures. This will give citizens access to information on how much it costs to develop a drug, potentially influencing discussions about drug prices and accessibility.
Key points
Companies conducting drug clinical trials will be required to publicly disclose detailed cost data for these trials, including per-patient costs and expenditures on personnel or materials.
Drug manufacturers will be obligated to report their total research and development expenditures, broken down by stages, from basic research to post-market studies.
This information will be available on dedicated websites, making it easier for citizens to understand how drug prices are determined.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_S_4037
Sponsor: Sen. Stabenow, Debbie [D-MI]
Process start date: 2022-04-07