Federal Drug Compendium Act

[AI summary unavailable — showing source text] Federal Drug Compendium Act - Requires the Secretary of Health, Education, and Welfare to prepare and publish in a readable and practicable form and under a distinct and suitable name a drug compendium and to distribute such compendium on a current basis to all practitioners licensed by law to prescribe and administer drugs listed therein. Provides that such compendium shall list all drugs that are lawfully available in the United States and shall provide for such drugs adequate and reliable prescribing information required for their safe and effective use. States that the Secretary shall also include in such compendium the proprietary names or designations under which a drug listed in the compendium by established name is available and the names of suppliers from whom such drugs may be obtained. Authorizes the Secretary to omit drugs from the compendium if he determines that there is substantial doubt as to the safety of such drugs or compliance with this or other Federal law. Sets forth a procedure for petitioning for changes in the compendium or for preventing the delisting of drugs. Establishes an advisory committee for the purpose of advising the Secretary from time to time on…