Bill Text: NY A07196 | 2019-2020 | General Assembly | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Enacts the manufacturer disclosure and transparency act requiring prescription drug manufacturers to notify the attorney general of arrangements between pharmaceutical manufacturers resulting in the delay of the introduction of generic medications.
Spectrum: Moderate Partisan Bill (Democrat 25-4)
Status: (Introduced - Dead) 2020-02-05 - print number 7196a [A07196 Detail]
Download: New_York-2019-A07196-Introduced.html
Bill Title: Enacts the manufacturer disclosure and transparency act requiring prescription drug manufacturers to notify the attorney general of arrangements between pharmaceutical manufacturers resulting in the delay of the introduction of generic medications.
Spectrum: Moderate Partisan Bill (Democrat 25-4)
Status: (Introduced - Dead) 2020-02-05 - print number 7196a [A07196 Detail]
Download: New_York-2019-A07196-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ S. 5169 A. 7196 2019-2020 Regular Sessions SENATE - ASSEMBLY April 12, 2019 ___________ IN SENATE -- Introduced by Sen. BIAGGI -- read twice and ordered print- ed, and when printed to be committed to the Committee on Consumer Protection IN ASSEMBLY -- Introduced by M. of A. DenDEKKER -- read once and referred to the Committee on Consumer Affairs and Protection AN ACT to amend the general business law, in relation to requiring prescription drug manufacturers to notify the attorney general of agreements between pharmaceutical manufacturers resulting in the delay of the introduction of generic drugs The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. This act shall be known and may be cited as the "manufac- 2 turer disclosure and transparency act". 3 § 2. The general business law is amended by adding a new section 396- 4 rrr to read as follows: 5 § 396-rrr. Delay of introduction of generic medications. 1. (a) Each 6 pharmaceutical manufacturer doing business in this state that manufac- 7 tures a brand name prescription drug and enters into an agreement with 8 another pharmaceutical manufacturer for the purpose of delaying or 9 preventing such other manufacturer from introducing a generic substitute 10 for such drug into the marketplace shall, not later than thirty days 11 after entering into such agreement, send notice to the attorney general, 12 in a form and manner prescribed by the attorney general, disclosing the 13 name of such drug, the wholesale price, the disease such drug is common- 14 ly prescribed to treat, the manufacturer of such drug, the name of the 15 generic manufacturer, and the length of the delay. 16 (b) The attorney general shall, no later than thirty days after 17 receiving a notice pursuant to paragraph (a) of this subdivision, share 18 the information with the drug utilization review board established under 19 section three hundred sixty-nine-bb of the social services law, all EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD11037-01-9S. 5169 2 A. 7196 1 medicaid managed care plans, health carriers and pharmacy benefits 2 managers doing business in the state in a format and manner prescribed 3 by the attorney general. 4 2. The office of the attorney general shall post on its website all 5 the notices required pursuant to paragraph (a) of subdivision one of 6 this section in a format and manner developed by the attorney general 7 that is searchable by drug, cost, disease, and manufacturer both for the 8 brand and generic drug for public review. 9 3. For a violation by a manufacturer of a brand name drug who knowing- 10 ly or negligently fails to notify the attorney general as required in 11 paragraph (a) of subdivision one of this section, the attorney general 12 shall fine such manufacturer no less than five thousand dollars for the 13 first violation and no less than ten thousand dollars for each violation 14 thereafter. 15 § 3. This act shall take effect on the one hundred eightieth day after 16 it shall have become a law.