Bill Detail

S. 832

Congress: 119

Title

EPIC Act of 2025

Summary

Ensuring Pathways to Innovative Cures Act of 2025 or the EPIC Act of 2025 This bill lengthens the amount of time for which drug products must have market approval in order for the products to qualify for negotiation under the Medicare Drug Price Negotiation Program. The Medicare Drug Price Negotiation Program requires the Centers for Medicare & Medicaid Services to negotiate the prices of certain prescription drugs under Medicare beginning in 2026. Among other requirements, drugs must have had market approval for at least 7 years (for drug products) or 11 years (for biologics) to qualify for negotiation. The bill modifies these provisions so as to require drug products to also have had at least 11 years of market approval in order to qualify for negotiation beginning in 2028.

Sponsor

Sen. Thomas Tillis [R-NC]

Status

Read twice and referred to the Committee on Finance.

Status as of Jun 29, 3:17 PM · synced 5h ago

Introduced

2025-03-04

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