Policy Impact Analysis - 117/S/4026

Bill Overview

Title: Discounted Drugs for Clinical Trials Act

Description: This bill allows researchers to obtain certain high-cost drugs and biologics at discounted prices from manufacturers. Researchers must apply to the Food and Drug Administration for approval; manufacturers must sell the approved quantity of drugs to researchers at the discounted price and are subject to civil actions from researchers for noncompliance.

Sponsors: Sen. Smith, Tina [D-MN]

Target Audience

Population: Individuals involved in or participating in clinical trials globally

Estimated Size: 1000000

Reasoning

Simulated Interviews

Clinical Researcher (Boston, MA)

Age: 45 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 10.0 years

Commonness: 10/20

Statement of Opinion:

  • This policy is a game-changer for our research budget.
  • We can now conduct additional trials leading to possibly groundbreaking findings.
  • It allows us more leeway to explore innovative treatment methods with less financial burden.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 7
Year 2 8 7
Year 3 9 7
Year 5 9 6
Year 10 9 6
Year 20 8 5

Pharmaceutical Sales Representative (San Francisco, CA)

Age: 30 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 7/20

Statement of Opinion:

  • I'm concerned about the revenue impact due to discounted sales.
  • The policy seems beneficial for research but challenging for sales projections.

Wellbeing Over Time (With vs Without Policy)

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

Clinical Trial Participant (Dallas, TX)

Age: 32 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 10.0 years

Commonness: 4/20

Statement of Opinion:

  • If this policy means more trials, it increases my chances of receiving cutting-edge treatments.
  • It could lead to better management of my condition.

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 7 5
Year 20 6 5

FDA Regulatory Official (Seattle, WA)

Age: 50 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 15.0 years

Commonness: 5/20

Statement of Opinion:

  • This will mean more work for our team at the FDA.
  • However, it ensures that we are actively facilitating important medical research.

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 7 6
Year 10 7 6
Year 20 7 6

Bioethicist (New York, NY)

Age: 40 | Gender: other

Wellbeing Before Policy: 7

Duration of Impact: 10.0 years

Commonness: 6/20

Statement of Opinion:

  • While ethically complex, the policy supports scientific advancement.
  • We must ensure that access to discounted drugs doesn’t compromise patient safety.

Wellbeing Over Time (With vs Without Policy)

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

Clinical Research Assistant (Chicago, IL)

Age: 28 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 8/20

Statement of Opinion:

  • I see the direct impact this policy will have on our capacity to recruit and retain participants for trials.
  • Reduced drug costs can mean more comprehensive trials which could be beneficial for participants.

Wellbeing Over Time (With vs Without Policy)

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

Hospital Administrator (Birmingham, AL)

Age: 60 | Gender: male

Wellbeing Before Policy: 8

Duration of Impact: 8.0 years

Commonness: 5/20

Statement of Opinion:

  • This policy could lead to more trials being conducted at our facility.
  • Less financial strain for researchers could foster better partnerships with hospitals.

Wellbeing Over Time (With vs Without Policy)

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

Graduate Student in Biomedical Research (Phoenix, AZ)

Age: 25 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 15.0 years

Commonness: 3/20

Statement of Opinion:

  • This policy gives me hope that more of my research might reach clinical trial phases.
  • Access to discounted drugs could remove a significant barrier to trial feasibility.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 8 5
Year 5 8 5
Year 10 9 6
Year 20 9 6

Public Health Analyst (Raleigh, NC)

Age: 55 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 20.0 years

Commonness: 6/20

Statement of Opinion:

  • The policy presents an interesting economic challenge for drug pricing.
  • It’s potential in enabling more trials is notable but must be balanced with economic implications.

Wellbeing Over Time (With vs Without Policy)

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

Retired Pharmacist (Orlando, FL)

Age: 70 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 0.0 years

Commonness: 10/20

Statement of Opinion:

  • This brings back memories of discussing drug accessibility issues.
  • It’s a good move for facilitating affordable research but must be monitored for proper implementation.

Wellbeing Over Time (With vs Without Policy)

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

Cost Estimates

Year 1: $10000000 (Low: $8000000, High: $12000000)

Year 2: $12000000 (Low: $10000000, High: $14000000)

Year 3: $14000000 (Low: $12000000, High: $16000000)

Year 5: $18000000 (Low: $16000000, High: $20000000)

Year 10: $25000000 (Low: $23000000, High: $27000000)

Year 100: $50000000 (Low: $45000000, High: $55000000)

Key Considerations