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Drug Price Competition and Patent Term Restoration Act
URI:
https://gptkb.org/entity/Drug_Price_Competition_and_Patent_Term_Restoration_Act
GPTKB entity
Statements (31)
Predicate
Object
gptkbp:instanceOf
gptkb:United_States_federal_law
gptkbp:affects
pharmaceutical industry
brand-name drug manufacturers
generic drug manufacturers
gptkbp:alsoKnownAs
gptkb:Hatch-Waxman_Act
gptkbp:citation
gptkb:98_Stat._1585
gptkbp:codifiedIn
gptkb:21_U.S.C._§_355
gptkb:35_U.S.C._§_156
gptkbp:dateEnacted
1984
gptkbp:enactedBy
gptkb:United_States_Congress
gptkbp:establishes
gptkb:Abbreviated_New_Drug_Application
https://www.w3.org/2000/01/rdf-schema#label
Drug Price Competition and Patent Term Restoration Act
gptkbp:impact
increased availability of generic drugs
lowered drug prices
gptkbp:publicLawNumber
gptkb:Pub.L._98–417
gptkbp:purpose
to encourage the manufacture of generic drugs
to establish a process for generic drug approval
to restore patent life lost during FDA approval process
gptkbp:relatedTo
gptkb:Food_and_Drug_Administration
gptkb:United_States_patent_law
pharmaceutical patents
gptkbp:section
gptkb:Title_I:_Abbreviated_New_Drug_Applications
gptkb:Title_II:_Patent_Term_Restoration
gptkbp:signedBy
gptkb:Ronald_Reagan
gptkbp:sponsor
gptkb:Henry_Waxman
gptkb:Orrin_Hatch
gptkbp:bfsParent
gptkb:Title_21_of_the_United_States_Code
gptkb:505(j)_pathway
gptkb:Hatch-Waxman_Act
gptkb:Food,_Drug,_and_Cosmetic_Act
gptkbp:bfsLayer
7