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Drug Price Negotiation Changes: More Time for Innovation.

This act changes drug price negotiation rules, giving pharmaceutical companies more time to recoup research and development costs. This means new drugs, especially innovative ones, will be on the market longer without price negotiations, potentially affecting their availability and cost for patients in the future.
Key points
Extends the period before the government can negotiate drug prices from 7 to 11 years after approval for certain drugs.
This change applies to drugs introduced from 2028 onwards, aiming to support the development of new therapies.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_832
Sponsor: Sen. Tillis, Thomas [R-NC]
Process start date: 2025-03-04
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

EPIC Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_832.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-03-04.

What are the main provisions?

Key points include:

  • Extends the period before the government can negotiate drug prices from 7 to 11 years after approval for certain drugs.
  • This change applies to drugs introduced from 2028 onwards, aiming to support the development of new therapies.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Tillis, Thomas [R-NC].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Health