,i #aai? ,,congress #a/ ,session ,h4 ,r4 #ccge ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,may #ac1 #bjbe,mr4 ,van ,drew introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,en]gy & ,comm]ce ,a ,,bill ,to require t ! retail li/ price = c]ta9 prescription drugs & biological products may n exce$ ! av]age retail li/ price = ! drug or biological product among c]ta9 nations4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,fair ,prescription ,drug ,prices = ,am]icans ,act4 #b4 ,int]national ref]5ce pric+ = prescription drugs & biological products 7a7 ,def9itions ,9 ?is section3 7#a7 ,biological product ,! t]m biological product means a biological product lic5s$ "u subsection 7a7 or 7k7 ( section #cea ( ! ,public ,heal? ,s]vice ,act 7#db ,u4,s4,c4 #bfb74 7#b7 ,drug ,! t]m drug means a drug approv$ "u subsection 7c7 or 7j7 ( section #eje ( ! ,f$]al ,food1 ,drug1 & ,cosmetic ,act 7#ba ,u4,s4,c4 #cee74 7#c7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ,heal? & ,human ,s]vices4 7b7 ,cap on retail li/ price ( prescription drugs & biological products ,! retail li/ price 9 ! ,unit$ ,/ates = a drug or a biological product may n exce$ ! av]age retail li/ price = ! drug or biological product among ,canada1 ,france1 ,g]many1 ,italy1 ,japan1 & ! ,unit$ ,k+dom1 z calculat$ "u subsection 7c74 7c7 ,calculation ( av]age retail li/ price ,! ,secret>y %all calculate on an annual basis ! av]age retail li/ price = ea* drug & biological product sold 9 ,canada1 ,france1 ,g]many1 ,italy1 ,japan1 & ! ,unit$ ,k+dom1 ?r\gh a comb9ation ( data report$ by manufactur]s ( drugs & biological products "u subsection 7e7 & data obta9$ ?r\gh review ( publicly fil$ mat]ials by manufactur]s ( drugs & biological products 9 su* c\ntries4 7d7 ,civil monet>y p5alty 7#a7 ,9 g5]al ,any manufactur] t violates subsection 7b7 ) respect to a drug or biological product %all be subject to a civil monet>y p5alty impos$ by ! ,secret>y 9 am\nt equal to ! product obta9$ by multiply+-- 7,a7 ! diff]5ce betwe5-- 7i7 ! li/ price = ! drug or biological product sold 9 ! ,unit$ ,/ates2 & 7ii7 ! av]age retail li/ price = ! drug or biological product sold 9 ,canada1 ,france1 ,g]many1 ,italy1 ,japan1 & ! ,unit$ ,k+dom1 z calculat$ "u subsection 7c72 & 7,b7 #aj4 7#b7 ,requirem5t ,! am\nt ( a civil monet>y p5alty "u p>agraph 7#a7 %all be calculat$ & *>g$ = ea* unit ( drug or biological product sold4 7e7 ,data collection ,ea* manufactur] ( a drug or biological product %all submit to ! ,secret>y on an annual basis-- 7#a7 ! li/ price = ! drug or biological product sold 9 ! ,unit$ ,/ates2 & 7#b7 ! li/ price = ! drug or biological product sold 9 ea* ( ,canada1 ,france1 ,g]many1 ,italy1 ,japan1 & ! ,unit$ ,k+dom4 7f7 ,guidance & regulations ,! ,secret>y %all issue guidance & promulgate regulations to implem5t ?is section4