S.3335: Fair Accountability and Innovative Research Drug Pricing Act of 2016

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Bill Summary

Fair Accountability and Innovative Research Drug Pricing Act of 2016 This bill amends the Public Health Service Act to require manufacturers of certain drugs and biological products to report to the Department of Health and Human Services (HHS) price increases that result in a 10% or more increase in the price of a drug over a 12-month period. Reports are required for prescription drugs and drugs commonly administered in hospitals, except...

(Source: Library of Congress)

Bill Actions

Date Description
Sept. 15, 2016
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Sept. 15, 2016

Introduced in the Senate by Tammy Baldwin (D-Wis.)

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