Core legislative priority for PharmaCare. 180-day interchangeable exclusivity rewards first-movers. 8 PharmaCare members have biosimilars in FDA pipeline that benefit directly.
ACTION: Coordinate with Grassley and Klobuchar offices on Senate companion bill. Prepare floor vote whip strategy.
$1.2B CBO-scored savings over 10 years
PositiveSec. S-2847 · Legislative — Drug Pricing
Prescription Drug Affordability Act
Generic and biosimilar manufacturers largely exempt from price increase penalties. Creates competitive advantage vs. brand-name manufacturers.
ACTION: Support legislation while advocating for generic supply chain investment provisions. Brief Grassley staff on generic market sustainability.
$6.3B CBO-scored savings over 10 years
PositiveSec. CMS-2026-0178 · CMS IRA Drug Negotiation
IRA Drug Negotiation List Expansion (Round 3)
Negotiated drug prices create larger price gap favoring biosimilar alternatives. PharmaCare members with biosimilars for listed drugs see accelerated market opportunity.
ACTION: Develop market capture strategy for biosimilars of Round 3 listed drugs. Brief member companies on pricing advantage timelines.