Fair Prescription Drug Prices for Americans Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 1587 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 1587 To require that the retail list price for certain prescription drugs and biological products may not exceed the average retail list price for the drug or biological product among certain nations. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES May 5, 2025 Mr. Hawley (for himself and Mr. Welch) introduced the following bill; which was read twice and referred to the Committee on Health, Education, Labor, and Pensions _______________________________________________________________________ A BILL To require that the retail list price for certain prescription drugs and biological products may not exceed the average retail list price for the drug or biological product among certain nations. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Fair Prescription Drug Prices for Americans Act''. SEC. 2. INTERNATIONAL REFERENCE PRICING FOR PRESCRIPTION DRUGS A…