Pharmaceutical Research Transparency Act of 2023
- Last Action
- 5/12/2023
Actions
- 2023-05-12Referred to the Subcommittee on Health.
- 2023-05-09Referred to the Committee on Energy and Commerce, and in addition to the Committee on Financial Services, 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.
- 2023-05-09Referred to the Committee on Energy and Commerce, and in addition to the Committee on Financial Services, 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.
- 2023-05-09Introduced in House
- 2023-05-09Introduced in House
CRS Summary
As of 2023-05-09 (00)
Pharmaceutical Research Transparency Act of 2023
This bill requires the disclosure of costs associated with clinical trials and pharmaceutical research and development.
Specifically, the National Institutes of Health must create a publicly available repository of cost data from certain clinical trials that test the efficacy of drugs, biological products, and devices in human subjects. For each applicable trial, the registry must, among other information, include the total and per patient cost of the trial, as well as costs for personnel, health care services, and other categories of expenditures. Information must be added to the registry within one year of the trial's completion.
The bill also requires drug manufacturers to include their research and development expenditures for drugs and biological products in annual disclosures made to the Securities and Exchange Commission.
Cosponsors (1)
- Elissa Slotkin (D-MI)
Subjects
- Administrative law and regulatory procedures
- Department of Health and Human Services
- Government information and archives
- Manufacturing
- Medical research
- Prescription drugs
- Research and development
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.