Ways and Means Committee, Judiciary Committee, Energy and Commerce Committee
Introduced
In Committee
On Floor
Passed Chamber
Enacted
The Global Fairness in Drug Pricing Act seeks to significantly reduce prescription drug prices for patients in the United States. It mandates the Secretary of Health and Human Services to propose a rulemaking plan within 30 days to establish most-favored-nation price targets for pharmaceutical manufacturers, ensuring U.S. prices are comparable to those in other developed countries. The bill also requires the Secretary of Health and Human Services to certify the safety and cost-reduction benefits of individual prescription drug importation, subsequently taking action to consistently grant waivers for such imports from low-cost developed countries. Furthermore, it directs the Attorney General and the Federal Trade Commission to undertake enforcement actions against anticompetitive practices by pharmaceutical manufacturers, while also facilitating direct-to-consumer purchasing programs for manufacturers adhering to the new price targets. Finally, the legislation mandates a study by the Secretary of Commerce and the United States Trade Representative to identify any unreasonable or discriminatory behaviors by pharmaceutical manufacturers. This study will examine practices that impair national security, force U.S. patients to subsidize global research and development, or involve the suppression of drug prices in foreign markets below fair market value, with findings to be reported to Congress within 180 days.
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Timeline
Introduced in House
Referred to the Committee on Energy and Commerce, and in addition to the Committees on Ways and Means, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Introduced in House
Referred to the Committee on Energy and Commerce, and in addition to the Committees on Ways and Means, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Health
Global Fairness in Drug Pricing Act
USA119th CongressHR-3493| House
| Updated: 5/19/2025
The Global Fairness in Drug Pricing Act seeks to significantly reduce prescription drug prices for patients in the United States. It mandates the Secretary of Health and Human Services to propose a rulemaking plan within 30 days to establish most-favored-nation price targets for pharmaceutical manufacturers, ensuring U.S. prices are comparable to those in other developed countries. The bill also requires the Secretary of Health and Human Services to certify the safety and cost-reduction benefits of individual prescription drug importation, subsequently taking action to consistently grant waivers for such imports from low-cost developed countries. Furthermore, it directs the Attorney General and the Federal Trade Commission to undertake enforcement actions against anticompetitive practices by pharmaceutical manufacturers, while also facilitating direct-to-consumer purchasing programs for manufacturers adhering to the new price targets. Finally, the legislation mandates a study by the Secretary of Commerce and the United States Trade Representative to identify any unreasonable or discriminatory behaviors by pharmaceutical manufacturers. This study will examine practices that impair national security, force U.S. patients to subsidize global research and development, or involve the suppression of drug prices in foreign markets below fair market value, with findings to be reported to Congress within 180 days.
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the Committee on Energy and Commerce, and in addition to the Committees on Ways and Means, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Introduced in House
Referred to the Committee on Energy and Commerce, and in addition to the Committees on Ways and Means, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.