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Rebate Reprieve For Generics And Biosimilars Added To Build Back Better Act

Generics Facing Shortages And Biosimilars Are Now Exempt From Rebate Scheme

 
• By Chloe Kent

The Build Back Better Act has been updated to exempt generics experiencing or at risk of shortage from its planned inflation rebates, as well as biosimilars. But the US Association for Accessible Medicines has called for further changes to the proposed bill to protect off-patent drugs.

Wooden letters on dark background
Select generics and biosimilars have been exempted from Build Back Better's rebate scheme • Source: Alamy

An update to the language of the Biden administration’s proposed Build Back Better Act has been welcomed by the US Association for Accessible Medicines, after biosimilars and certain generic drugs were exempted from its planned inflation rebates – but the organization has still called for further changes to be made to the draft legislation.

The latest version of the bill now states that generic drugs under Medicare Part D that are in shortage can be exempted from the rebate provision, as well as biosimilars....

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