Advancing Education on Biosimilars Act of 2021

Floor Speech

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Mr. PALLONE. 164.

Mr. Speaker, the rising cost of prescription drugs continues to be a major issue for families all across the country. These costs are particularly daunting at a time when we are facing a severe economic downturn and the ongoing pandemic.

We are committed to continuing to find solutions to make prescription drugs more affordable for the American people. One important way to help families out is to ensure they are aware of more affordable options, like biosimilars and generics. These are both cheaper options, but, unfortunately, utilization of these products continues to be too low here in the United States.

The Advancing Education on Biosimilars Act of 2021 is commonsense legislation that will help provide patients and healthcare providers with greater information about biologics and biosimilars. To do this, the bill requires the FDA to establish a public website with educational materials, including what products are interchangeable, as well as how to report any adverse events.

In addition, the bill would support the development of continuing education programs for healthcare providers about biologics. It is critical that healthcare providers and patients are aware of all of their options, and this legislation will certainly help do that.

I am pleased to work with my colleagues in the Senate on this legislation, and I urge my colleagues to support the bill.

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Mr. PALLONE. Mr. Speaker, I have no additional speakers.

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Mr. PALLONE. Mr. Speaker, I also urge support for this bill, and I yield back the balance of my time.

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