Forcing Limits on Abusive and Tumultuous Prices or the FLAT Prices Act This bill directs the Food and Drug Administration to reduce the market exclusivity of an approved prescription drug if the drug manufacturer increases the drug's price by more than a specified percentage. This reduction may be waived under specified circumstances.
Business recordsDrug safety, medical device, and laboratory regulationGovernment information and archivesHealth care costs and insuranceInflation and pricesLicensing and registrationsPrescription drugs
FLAT Prices Act
USA116th CongressS-366| Senate
| Updated: 2/6/2019
Forcing Limits on Abusive and Tumultuous Prices or the FLAT Prices Act This bill directs the Food and Drug Administration to reduce the market exclusivity of an approved prescription drug if the drug manufacturer increases the drug's price by more than a specified percentage. This reduction may be waived under specified circumstances.
Business recordsDrug safety, medical device, and laboratory regulationGovernment information and archivesHealth care costs and insuranceInflation and pricesLicensing and registrationsPrescription drugs