,i #aai? ,,congress #b;d ,session ,h4 ,r4 #ajjid ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,augu/ #ac1 #bjbf,ms4 ,hoyle ( ,oregon 7= h]self1 ,mr4 ,doggett1 ,ms4 ,/ansbury1 ,mr4 ,takano1 ,ms4 ,norton1 ,ms4 ,tlaib1 ,ms4 ,jayapal1 & ,mr4 ,cas>7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,en]gy & ,comm]ce ,a ,,bill ,to require p]sons :o und]take f$]ally fund$ rese>* & developm5t ( a biom$ical product or s]vice to ent] into reasonable pric+ agreem5ts ) ! ,secret>y ( ,heal? & ,human ,s]vices1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,af=dable ,pric+ = ,taxpay]-,fund$ ,prescription ,drugs ,act ( #bjbf4 #b4 ,reasonable price agreem5t 7a7 ,9 g5]al ,all ,f$]al ag5cies provid+ or receiv+ rese>* fund+1 ?r\gh a grant1 contract1 coop]ative agreem5t1 or o!r agreem5t1 %all require 9 su* agreem5t1 & 9 any lic5se ( ! rights to a pat5t or regulatory te/ data = a biom$ical product or s]vice1 t ! price ( any biom$ical product or s]vice develop$ ) ! b5efit ( su* rese>* be reasonable 7z det]m9$ by ! ,secret>y7 unless ! ,secret>y waives su* reasonable price obligation "u subsection 7d74 7b7 ,prohibition aga9/ *>g+ prices high] ?an 9 o!r l>ge economies ) high incomes 7#a7 ,9 g5]al ,= purposes ( subsection 7a71 any reasonable pric+ =mula %all ensure1 )\t prejudice to any o!r /&>ds or negotiat$ provisions = reasonable pric+1 t resid5ts ( ! ,unit$ ,/ates are n *>g$ m = ! biom$ical product or s]vice involv$ ?an ! ref]5ce price = c\ntries ) l>ge economies & high incomes4 7#b7 ,ref]5ce price ,= purposes ( p>agraph 7#a71 ! phrase ref]5ce price = c\ntries ) l>ge economies & high incomes means-- 7,a7 ! m$ian price *>g$ = ! biom$ical product or s]vice involv$ 9 ,canada & ! additional six ref]5ce c\ntries2 or 7,b7 a modification to su* price t is adopt$ by regulation aft] provid+ notice & ! opportunity = ! public to comm5t1 if ! ,secret>y det]m9es su* modification to be an appropriate & reasonable measure to protect ,unit$ ,/ates resid5ts f pay+ prices t are high] ?an prices 9 o!r c\ntries ) l>ge economies & high incomes4 7c7 ,additional requirem5ts 7#a7 ,9 g5]al ,9 c>ry+ out subsection 7a71 ! ,secret>y may promulgate by regulation additional requirem5ts to ensure t ! price = ! biom$ical product or s]vice describ$ 9 subsection 7a7 be reasonable4 7#b7 ,requirem5ts ,! additional requirem5ts "u p>agraph 7#a7 %all-- 7,a7 address ! public int]e/ 9 ensur+ t publicly support$ innovations = biom$ical products & s]vices h reasonable prices2 & 7,b7 take into acc\nt-- 7i7 ! importance ( provid+ robu/ inc5tives to inve/ 9 biom$ical rese>* & developm5t2 & 7ii7 ! *all5ges ( adm9i/]+ agreem5ts describ$ 9 subsection 7a71 includ+ 9 cases :]e ?ird p>ties control relevant intellectual prop]ty1 "k-h[1 or o!r assets4 7#c7 ,possible me*anisms ,! additional requirem5ts = reasonable pric+ au?oriz$ by p>agraph 7#a7 may include-- 7,a7 me*anisms to-- 7i7 l[] prices or %ort5 exclusivity p]iods :5 rev5ues exce$ t>gets2 7ii7 l[] prices t exce$ a /&>d ( co/ p] heal? b5efit a*iev$2 or 7iii7 l[] prices t con/itute significant b>ri]s to access or fiscal burd5s on pati5ts2 or 7,b7 a comb9ation ( me*anisms li/$ 9 subp>agraph 7,a7 or o!r me*anisms4 7d7 ,waiv] 7#a7 ,9 g5]al ,! ,secret>y may waive "p or all ( a reasonable pric+ obligation "u ?is section ^u a demon/ration t su* a waiv] is 9 ! public int]e/4 ,a decision to grant su* a waiv] %all set out ! ,secret>y's f9d+ t ! waiv] is 9 ! public int]e/4 7#b7 ,requir$ process ,no waiv] "u p>agraph 7#a7 %all take effect be=e-- 7,a7 ! public is giv5 notice ( ! propos$ waiv] & provid$ a reasonable opportunity to comm5t 9 writ+ & at a public he>+ on ! propos$ waiv]2 & 7,b7 ! ,secret>y publi%es an economic analysis to ju/ify ! waiv]4 7e7 ,transp>5cy 7#a7 ,report+ ,9 ord] to evaluate additional requirem5ts promulgat$ "u subsection 7c71 agreem5ts subject to subsection 7a7 %all include a requirem5t t ! manufactur] or o!r companies comm]cializ+ ! biom$ical product or s]vice involv$ report to ! ,secret>y 9 =mats det]m9$ by ! ,secret>y-- 7,a7 ! co/s ( ea* cl9ical trial und]tak5 to support ! ,f$]al regulatory approval ( ! biom$ical product or s]vice involv$2 7,b7 subsidies ( ^? co/s by ! ,f$]al ,gov]nm5t2 & 7,c7 ! annual rev5ues g5]at$ by ! biom$ical product or s]vice involv$1 by c\nty ( sale4 7#b7 ,public availability ,! ,secret>y %all make all reports "u p>agraph 7#a7 publicly available4 7f7 ,no effect on o!r requirem5ts ,! reasonable pric+ requirem5ts impos$ "u ?is section are 9 addition to any o!r requirem5ts to limit ! price ( biom$ical products or s]vices1 includ+ su* requirem5ts impos$-- 7#a7 ?r\gh /&>ds or negotiat$ provisions on pric+ 9 contracts2 or 7#b7 "u *apt] #ah ( title #ce1 ,unit$ ,/ates ,code1 to make ! b5efits ( inv5tions fund$ by ! ,f$]al ,gov]nm5t available to ! public on reasonable t]ms4 7g7 ,def9itions ,9 ?is section3 7#a7 ,! t]m biom$ical product or s]vice means a drug1 vacc9e1 m$ical device1 diagno/ic te/1 assi/ive te*nology1 cell- or g5e-bas$ !rapy1 or o!r te*nology us$ to provide heal? c>e4 7#b7 ,! t]m m$ical device has ! mean+ giv5 to ! t]m device 9 section #bja ( ! ,f$]al ,food1 ,drug1 & ,cosmetic ,act 7#ba ,u4,s4,c4 #cba74 7#c7 ,! t]m ,secret>y means ! ,secret>y ( ,heal? & ,human ,s]vices4 7#d7 ,! t]m six ref]5ce c\ntries means ! six c\ntries1 exclud+ ,canada1 t ov] ! previ\s ?ree cal5d> ye>s-- 7,a7 are memb] c\ntries ( ! ,organisation = ,economic ,co-op]ation & ,developm5t2 7,b7 h ! l>ge/ gross dome/ic products2 & 7,c7 h a p] capita income t is at lea/ #ej p]c5t ( ! av]age p] capita income ( ! ,unit$ ,/ates4