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S 1587119th CongressIntroduced
Fair Prescription Drug Prices for Americans Act
Introduced: Oct 28, 2025
Standard Summary
Comprehensive overview in 1-2 paragraphs
Establishes international reference pricing for prescription drugs, capping US prices at the average of prices in six other countries.
Key Points
- 1Caps US retail drug prices at average of Canada, France, Germany, Italy, Japan, and UK
- 2Applies to drugs and biological products approved by FDA
- 3Imposes civil monetary penalties for violations
- 4Requires annual price reporting by manufacturers
- 5Authorizes HHS to calculate and enforce price limits
Impact Areas
Pharmaceutical industryPrescription drug pricingHealthcare costsMedicare and MedicaidDepartment of Health and Human Services
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