Last action was on 2-27-2025
Current status is 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.
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This Act may be cited as the "Maintaining Investments in New Innovation Act".
Section 1192(e) of the Social Security Act (42 U.S.C. 1320f–1(e)) is amended—
(1) - in paragraph (1)(A)(ii), by inserting "(or, in the case of an advanced drug product (as defined in paragraph (4)), 11 years)" after "7 years"; and
(2) Advanced drug product defined - by adding at the end the following new paragraph:
(4) Advanced drug product defined - For purposes of paragraph (1)(A)(ii), the term advanced drug product means a drug that incorporates or utilizes a genetically targeted technology (as defined in section 529A(c)(2) of the Federal Food, Drug, and Cosmetic Act) that may result in the modulation (including suppression, up-regulation, or activation) of the function of a gene or its associated gene product.