Policy Impact Analysis - 117/HR/7035

Bill Overview

Title: Biologics Market Transparency Act of 2022

Description: This bill requires biologics manufacturers to notify the Food and Drug Administration in advance of withdrawing a product from sale.

Sponsors: Rep. Manning, Kathy E. [D-NC-6]

Target Audience

Population: People relying on biologic treatments

Estimated Size: 30000000

Reasoning

Simulated Interviews

Nurse (Chicago, IL)

Age: 45 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 5.0 years

Commonness: 15/20

Statement of Opinion:

  • The policy seems useful for patient care, ensuring that we're informed about biologics withdrawals in advance.
  • This can help us plan alternative treatments without interrupting patient care.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 8 7
Year 5 8 7
Year 10 8 7
Year 20 8 7

Pharmaceutical Project Manager (Austin, TX)

Age: 35 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 2.0 years

Commonness: 8/20

Statement of Opinion:

  • The new requirement might increase workload and operational costs, but it's critical for patient safety.
  • Overall, it's manageable and helps maintain trust with healthcare providers.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 6 6
Year 3 6 6
Year 5 6 6
Year 10 7 6
Year 20 7 6

Patient (New York, NY)

Age: 60 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 10.0 years

Commonness: 10/20

Statement of Opinion:

  • Knowing in advance about any potential discontinuation of my medication is reassuring.
  • This policy reduces my anxiety about the stability of my treatment.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 7 5
Year 5 7 5
Year 10 8 5
Year 20 8 5

Biotech CEO (San Francisco, CA)

Age: 50 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 3.0 years

Commonness: 5/20

Statement of Opinion:

  • The policy might cause minor logistical issues, but it ensures a stable market.
  • Improved communication with the FDA can guide better business strategies in the long term.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 6
Year 3 8 6
Year 5 8 6
Year 10 8 6
Year 20 8 6

Caregiver (Seattle, WA)

Age: 28 | Gender: other

Wellbeing Before Policy: 5

Duration of Impact: 7.0 years

Commonness: 12/20

Statement of Opinion:

  • This policy provides peace of mind knowing we won't be caught off guard if a medication is pulled.
  • It's one less thing to worry about.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 6 5
Year 3 7 5
Year 5 7 5
Year 10 8 5
Year 20 8 5

FDA Regulatory Officer (Atlanta, GA)

Age: 40 | Gender: male

Wellbeing Before Policy: 8

Duration of Impact: 5.0 years

Commonness: 5/20

Statement of Opinion:

  • The additional notifications can streamline our oversight tasks, improving public health safety.
  • Overall, it better aligns our resources with industry practices.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 7
Year 2 8 7
Year 3 9 8
Year 5 9 8
Year 10 9 8
Year 20 9 8

Healthcare Policy Analyst (Denver, CO)

Age: 33 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 5.0 years

Commonness: 4/20

Statement of Opinion:

  • The Biologics Market Transparency Act aligns with current trends in precision medicine, enhancing oversight.
  • It's a balanced policy for ensuring patient access and managing market dynamics.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 8 7
Year 3 8 7
Year 5 8 7
Year 10 8 7
Year 20 8 7

Oncologist (Miami, FL)

Age: 42 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 8.0 years

Commonness: 9/20

Statement of Opinion:

  • Advanced notification of biologics withdrawal can significantly aid in arranging alternative treatment plans.
  • This policy reduces clinical disruptions.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 8 6
Year 5 8 6
Year 10 8 6
Year 20 8 6

Retired Teacher (Phoenix, AZ)

Age: 70 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 10.0 years

Commonness: 8/20

Statement of Opinion:

  • Having the assurance that my medication will remain available is comforting.
  • The policy allows planning ahead and adjusting if necessary.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 7 5
Year 5 8 5
Year 10 8 5
Year 20 8 4

Grad Student (Portland, OR)

Age: 29 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 3.0 years

Commonness: 6/20

Statement of Opinion:

  • The Act represents a step toward transparency and better market stability.
  • Useful for someone debating whether to enter pharmaceuticals or regulatory work.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 7 6
Year 3 7 6
Year 5 7 6
Year 10 7 6
Year 20 7 6

Cost Estimates

Year 1: $20000000 (Low: $15000000, High: $25000000)

Year 2: $18000000 (Low: $13000000, High: $23000000)

Year 3: $16000000 (Low: $11000000, High: $21000000)

Year 5: $15000000 (Low: $10000000, High: $20000000)

Year 10: $12000000 (Low: $8000000, High: $16000000)

Year 100: $5000000 (Low: $3000000, High: $7000000)

Key Considerations