Promote Prescription Drug Price Transparency

Last updated: May 3, 2018

Details about this bill
Category: Pharmacy Related
Status: Passed
Sponsor: Senator Eloise Vitelli, Senate 19 - Oxford County
Session: 128
Bill #: LD 1406

Position:

Monitoring.

UPDATE: This bill has become law without the governor's signature. 

Summary:

This bill amends the law governing profiteering in prescription drugs. The bill requires more disclosure of drug production, research and development costs, marketing and advertising costs and actual costs paid upon purchase. The bill allows investigations by the Attorney General of violations of these provisions. The bill adds a required written report from the Attorney General each year.