United States Pharmaceutical Supply Chain Review Act
This bill requires the Federal Trade Commission (FTC), working with the Commerce Secretary, to produce an annual report assessing foreign investment in the U.S. pharmaceutical industry. The report must analyze supply chain reliance on foreign manufacturing, the impact of foreign ownership on domestic drug production capacity, effects on DNA sequencing/storage technology in the U.S., and consequences of U.S. companies moving manufacturing overseas. The FTC must publish a public summary of each report online. This obligation applies directly to the FTC, Commerce Department, and specified congressional committees, focusing on gathering factual data about industry dependencies rather than implementing new regulations.
Bill status
in committee
1 of 4 stages cleared
Introduction
Sep 2024
Committee Review
Floor Vote
President
Introduced Sep 25, 2024
Last action Sep 25, 2024
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How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Sep 25, 2024
Committee
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
upper
Sep 25, 2024
Introduced
Introduced in Senate
upper
1 primary · 1 co-sponsor
Sponsors
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