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Bill

HR 1492

To amend title XI of the Social Security Act to equalize the negotiation period between small-molecule and biologic candidates under the Drug Price Negotiation Program.

119th Congress Introduced by Rick Allen and 62 co-sponsors

HR 1492 extends drug price negotiations for biologics from 7 to 11 years, aiming to lower costs for consumers and reshape pricing strategies for pharmaceutical companies.

Introduced in House
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