II 119THCONGRESS 1 STSESSION S. 832 To amend title XI of the Social Security Act to equalize the negotiation period between small-molecule and biologic candidates under the Drug Price Negotiation Program. IN THE SENATE OF THE UNITED STATES MARCH4, 2025 Mr. T ILLIS(for himself, Mr. BUDD, Mrs. BLACKBURN, Mr. DAINES, and Mr. L ANKFORD) introduced the following bill; which was read twice and re- ferred to the Committee on Finance A BILL To amend title XI of the Social Security Act to equalize the negotiation period between small-molecule and bio- logic candidates under the Drug Price Negotiation Pro- gram. Be it enacted by the Senate and House of Representa-1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘Ensuring Pathways 4 to Innovative Cures Act of 2025’’ or the ‘‘EPIC Act of 5 2025’’. 6 VerDate Sep 11 2014 02:19 Mar 18, 2025 Jkt 059200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\S832.IS S832 kjohnson on DSK7ZCZBW3PROD with $$_JOB 2 •S 832 IS SEC. 2. EQUALIZING THE NEGOTIATION PERIOD BETWEEN 1 SMALL-MOLECULE AND BIOLOGIC CAN-2 DIDATES UNDER THE DRUG PRICE NEGOTIA-3 TION PROGRAM. 4 Section 1192(e)(1)(A)(ii) of the Social Security Act 5 (42 U.S.C. 1320f–1(e)(1)(A)(ii)) is amended— 6 (1) by striking ‘‘year, at least 7’’ and inserting 7 ‘‘year— 8 ‘‘(I) for initial price applicability 9 years 2026 and 2027, at least 7’’; and 10 (2) by adding at the end the following: 11 ‘‘(II) for initial price applicability 12 year 2028 and each subsequent initial 13 price applicability year, at least 11 14 years will have elapsed since the date 15 of such approval; and’’. 16 Æ VerDate Sep 11 2014 02:19 Mar 18, 2025 Jkt 059200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\S832.IS S832 kjohnson on DSK7ZCZBW3PROD with $$_JOB