RepublicanBill · H.R. 3731· House(119-HR-3731)

Small Biotech Innovation Act

Rep. Pfluger
Age: 49 years
Texas
Introduced
6/4/2025
Last activity
6/4/2025 — Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Sponsored by
August Pfluger
Cosponsors
Republican - 3Democrat - 1
Health
  1. Introduced
  2. In Committee

What this bill would do

The Small Biotech Innovation Act aims to amend the Social Security Act to create an exception within the Medicare drug price negotiation program. This exception applies to research and development-intensive small biotech manufacturers starting in 2029. It exempts qualifying single source drugs from being considered negotiation-eligible drugs. To qualify, manufacturers must meet specific revenue investment thresholds in research and development and meet certain size and ownership requirements. The bill also outlines the application process and dispute resolution procedures for these manufacturers.

Yes· 3 of 4

  • Does this make it easier to run a small business?+6

    The bill provides significant relief for small biotech manufacturers by exempting them from Medicare price negotiations.

  • Would business owners be better off under this?+5

    The bill specifically benefits small biotech business owners through the negotiation exception.

  • Does this put more money into scientific research?+3

    The bill incentivizes higher R&D investment percentages for qualifying manufacturers.

The opposite· 3 of 7

  • Does this lower the price of prescription medicines?-4

    By exempting certain drugs from negotiation, the bill may result in higher drug costs for Medicare beneficiaries compared to the standard program.

  • Would people over 65 be better off under this?-3

    Seniors on Medicare may face higher costs for drugs that are no longer subject to price negotiation.

  • Would retired people be better off under this?-3

    Retirees relying on Medicare may face higher out-of-pocket costs for certain drugs.