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Fairness in Orphan Drugs: Changes to Market Exclusivity

This bill aims to change the rules for granting market exclusivity to drugs for rare diseases. Pharmaceutical companies will need to demonstrate that they cannot recover development costs from sales to obtain such exclusivity. The goal is to ensure access to orphan drugs while preventing excessive profits for companies.
Key points
Pharmaceutical companies must prove they cannot recover development costs from sales of orphan drugs to gain market exclusivity.
Market exclusivity can be revoked if a company fails to meet new cost recovery criteria.
These changes aim to increase fairness and accessibility of orphan drugs, potentially impacting their prices and availability.
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Additional Information
Print number: 118_HR_456
Sponsor: Rep. Carter, Earl L. "Buddy" [R-GA-1]
Process start date: 2023-01-24