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Biologics Competition Act of 2023

Source: Congress.gov  ·  555 words in original text
This bill directs the Secretary of Health and Human Services to study how differences between two drug approval systems affect the ability to substitute interchangeable biological products (medications made from living organisms). The secretary must also update a public list of biological products to make it consistent with how regular drugs communicate their equivalence to each other.
The Secretary of Health and Human Services is directly responsible for completing the required actions. The bill indirectly affects pharmaceutical companies that make biological products and regular drugs, as well as patients who use these medications.
• The Secretary of Health and Human Services must complete a study within 12 months that examines how differences between the approval system for biological products and the approval system for regular drugs impact the substitution of interchangeable biological products. (Sec. 2(1)) • The Secretary must submit a report to Congress about the results of this study. (Sec. 2(2)) • The Secretary must update the "Purple Book" (a publicly available list of biological products) to make changes needed to align how substitutability of biological products is communicated with how drug equivalence is communicated, while keeping the two separate approval pathways intact. (Sec. 2(3))
The Purple Book list will be updated based on the study findings to better communicate which biological products can be substituted for each other, matching the clearer system used for regular drugs.
None defined in the bill text.
Important: This plain English summary was generated by AI and is provided for informational purposes only. It is not legal advice. Always consult the official bill text on Congress.gov or a qualified attorney for legal matters.