S.627: Medical Innovation Prize Fund Act

About This Bill

Bill Summary

Medical Innovation Prize Fund Act - Denies any person the exclusive right to manufacture, distribute, sell, or use in interstate commerce a drug, a biological product, or a drug or biological product manufacturing process, including the exclusive right to rely on health registration data or the 30-month stay-of-effectiveness period for Orange Book patents. Prescribes remuneration, in the form of prize payments from a Fund for Medical...

(Source: Library of Congress)

Bill Actions

Date Description
March 20, 2013
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
March 20, 2013

Introduced in the Senate by Bernard Sanders (ID-Vt.)

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