POLISCOPE
Back to bills

The civic record

Read. Follow. Verify.

Maintaining Investments in New Innovation Act (H.R. 5547)

Original title: Maintaining Investments in New Innovation Act

Record date · December 17, 2024

Introduced
Committee
Floor Vote
Passed
Law

Track this bill to get notified when it advances a stage. One tap to stop, anytime.

What This Bill Would Do

This bill extends the period of time that certain advanced, genetically targeted drugs are protected from government price negotiations under the Social Security Act. It increases the exclusivity period for these specific products from 7 years to 11 years.

Why it matters

The bill changes the timeline for when the federal government can begin negotiating prices for advanced genetic therapies, potentially delaying price regulation for these drugs by four years to encourage continued investment in genetic technology.

Background
  • The Social Security Act includes provisions that allow the federal government to negotiate prices for certain high-cost drugs that have been on the market for a specific number of years. context

Who It Would Affect

Groups the bill's text would affect if enacted, as described in the record. Being affected is not a position for or against it.

Directly affected

Pharmaceutical companies developing genetic therapies

These companies would have a longer period of market exclusivity before their products are subject to federal price negotiations.

Directly affected

Medicare program

The program's ability to negotiate prices for specific advanced drugs is delayed by four years under this proposal.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

What is an 'advanced drug product' under this bill?
It is a drug that uses to modulate the function of a gene or its associated gene product.
How does this bill change current drug pricing rules?
It adds 4 years to the existing 7-year period during which certain advanced drugs are exempt from federal price negotiations, totaling 11 years of protection.

What else do you want to know?

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Where This Stands

Currently filed. The next step in the legislative lifecycle is Committee.

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

Lobbying Activity

IONIS PHARMACEUTICALS, INC.

$150,000
Senate LDAMatched on title words onlyView filing on LDA.gov →

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Discoveries

1 pattern noticed across the record

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift100% confidence

Extension of Exclusivity

The bill specifically targets 'advanced drug products' for a longer period of protection from price negotiation than standard drugs.

Connected Entities

Mr. Nickel, Mr. Joyce of Pennsylvania, House Ways and Means Committee and 5 more
PersonMr. Nickel“Sponsor of the bill”Map →
PersonMr. Joyce of Pennsylvania“Co-sponsor of the bill”Map →
OrganizationHouse Ways and Means Committee“Committee responsible for consideration”Map →
bill numberH.R. 5547“Bill number”Map →
OrganizationHouse Energy and Commerce Committee“Committee responsible for consideration”Map →
PersonMr. Davis of North Carolina“Co-sponsor of the bill”Map →
other118th Congress“Congress session”Map →
OrganizationU.S. Government Publishing Office“Source of the document”Map →

Sources

Open source document

www.congress.gov

Analysis Score

0–100
  • Significance65
    How much this matters to a regular citizen
  • Controversy50
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz20
    Current news / social attention level

Publisher tools

Share or embed this record

POLISCOPE publisher tools

Share or embed this record