Rare disease drugmakers would retain their special status when pursuing treatments especially for children under legislation scheduled to be marked up by a Senate panel next week.
The legislation aims to head off future lawsuits like the one Catalyst Pharmaceuticals Inc. won last year, granting them exclusive rights to market a drug to treat a rare disease.
Sen. Tammy Baldwin’s (D-Wis.) Retaining Access and Restoring Exclusivity Act, or RARE, Act (S. 1214) is one of a package of drug pricing bills the Senate Health, Education, Labor and Pensions will consider May 2. Baldwin’s bill aims to solidify incentives that ...
Learn more about Bloomberg Tax or Log In to keep reading:
See Breaking News in Context
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools and resources.