Federal Drug Compendium Act

[AI summary unavailable — showing source text] Federal Drug Compendium Act - Revises the Federal Food, Drug, and Cosmetic Act. Directs the Secretary of Health, Education, and Welfare to prepare a drug compendium to be distributed to all practitioners licensed by law to administer and prescribe drugs. Provides that the Secretary shall revise and keep current such compendium. States that the compendium shall list the established name of all drugs lawfully available in the United States and their ingredients. Directs that such compendium shall also include the proprietary names of such drugs and the names of suppliers. Allows the Secretary to issue a supplement to the compendium containing price information. Provides that the Secretary shall not be required to include in the compendium any information concerning drugs of questionable safety. Establishes procedures to insure that any person adversely affected by the Secretary's inclusion or failure to include a drug in the compendium is given due process of law. Provides for the establishment of an advisory committee within the Department of Health, Education, and Welfare to advise the Secretary on matters pertaining to the compendium. Authorizes the Secretary to require persons en…