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More Affordable Drugs: Ending Patent Blocks on Safety Strategies to Boost Competition

This law aims to make it easier for cheaper, generic or biosimilar versions of drugs to come to market. It prevents companies from using patents on drug safety strategies (REMS) to block competition, potentially speeding up access to more affordable treatment options.
Key points
Companies cannot use patents on drug safety plans (REMS) to delay cheaper generic or biosimilar drugs from entering the market.
Generic and biosimilar manufacturers can use necessary safety information without facing delays from patent disputes over that information.
The goal is to increase competition and potentially lower the cost of prescription drugs.
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Additional Information
Print number: 117_S_4918
Sponsor: Sen. Hassan, Margaret Wood [D-NH]
Process start date: 2022-09-22