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Accelerating Addiction Vaccine Development and $1 Billion Prize

This bill aims to speed up the development of vaccines for opioid, cocaine, methamphetamine, and alcohol use disorders. It introduces special facilitations for the approval process of such vaccines and offers a one-billion-dollar prize to the first company that develops and mass-produces an effective vaccine. This initiative seeks to combat the addiction crisis by providing new tools for prevention and treatment.
Key points
Faster Approval: Addiction vaccines will be designated as "breakthrough therapies" and "fast track products," accelerating their market entry.
Priority Review: Applications for these vaccines will receive priority review by regulatory bodies.
Financial Incentive: The first company to develop and mass-produce an approved addiction vaccine will receive a $1 billion prize.
Time Limit: The approval facilitations will be effective for 10 years from the enactment date of the bill.
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Additional Information
To amend the Federal Food, Drug, and Cosmetic Act to encourage the development of vaccines to prevent, treat, or mitigate opioid, cocaine, methamphetamine, or alcohol use disorder, to establish an x-prize for the development of such a vaccine, and for other purposes.
Print number: HR 7827
Sponsor: Rep. Schweikert, David [R-AZ-1]
Process start date: 2024-03-26