Pledging Archive

HEALTHCARE »» REGULATION »» GENERIC DRUGS »» Aug 21, 2023
The term of a prescription drug’s patent is 20 years from the date of a pharmaceutical company’s patent application. Therefore, a generic drug can only be marketed after the brand name drug's patent has expired. A generic drug is a medication created to be the same as an existing approved brand-name drug in dosage, safety, strength, quality and performance. Generic drugs are usually much cheaper than brand name drugs once they reach the market. However, large pharmaceutical companies often pay generic drug makers to delay marketing a generic version of their drug to keep the price of the original medication high. Critics claim this “pay for delay” tactic benefits both brand name and generic drug makers, but is bad for consumers who foot the bill for more than $1 billion in higher drug prices each year. Pharmaceutical companies warn that generic drugs, some foreign-made, may lack the quality assured to consumers by FDA-approved medications. However, researchers who purchased foreign-made pharmaceuticals online and compared them to FDA-approved drugs found these drugs proved to be safe and effective medications.

Pending legislation: S.142 - Preserve Access to Affordable Generics and Biosimilars Act
Sponsor: Sen. Amy Klobuchar (MN)
Status: Placed on Senate Legislative Calendar under General Orders awaiting Senate floor actions
Senate Leader: Leader Charles Schumer (NY)

  • I oppose reforming current generic drug policy and wish to donate resources to the campaign committee of Leader Charles Schumer (NY).
  • I support prohibiting brand name drug companies from compensating generic drug companies to delay the entry of a generic drug into the market, and to prohibit biological product manufacturers from compensating biosimilar and interchangeable companies to delay the entry of biosimilar biological products and interchangeable biological products. And wish to donate resources to the campaign committee of Leader Charles Schumer (NY) and/or to an advocate group currently working with this issue.
Winning Option »» No issues were voted

  • I support prohibiting brand name drug companies from compensating generic drug companies to delay the entry of a generic drug into the market, and to prohibit biological product manufacturers from compensating biosimilar and interchangeable companies to delay the entry of biosimilar biological products and interchangeable biological products. And wish to donate resources to the campaign committee of Leader Charles Schumer (NY) and/or to an advocate group currently working with this issue.
Number of Letters Pledged

  • 0
Number of Monetary Pledges

  • 0
Money Pledged

  • $0

Number of Trustee Suggestions

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Poll Opening Date August 21, 2023
Poll Closing Date August 27, 2023