Policy Impact Analysis - 117/S/4053

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. Stabenow, Debbie [D-MI]

Target Audience

Population: People involved in clinical trials (researchers and patients)

Estimated Size: 500000

Reasoning

Simulated Interviews

Clinical Trial Researcher (Boston, MA)

Age: 45 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 20.0 years

Commonness: 5/20

Statement of Opinion:

  • This policy greatly benefits my work on oncology drugs. We can test more drugs without constantly worrying about the budget.

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 9 6
Year 20 9 6

Biotech Entrepreneur (San Francisco, CA)

Age: 35 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 15.0 years

Commonness: 4/20

Statement of Opinion:

  • This policy could accelerate our trials, potentially bringing treatments to market faster.

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 9 7
Year 20 9 7

Clinical Trials Manager (Raleigh, NC)

Age: 28 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 10.0 years

Commonness: 5/20

Statement of Opinion:

  • Financial relief from this policy would allow us to increase the size and scope of our trials.

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 7 5
Year 20 8 5

Research Coordinator (Chicago, IL)

Age: 62 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 7.0 years

Commonness: 3/20

Statement of Opinion:

  • The potential to expand our trials' reach with reduced costs is promising.

Wellbeing Over Time (With vs Without Policy)

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

Pharmacologist (Ann Arbor, MI)

Age: 50 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 10.0 years

Commonness: 4/20

Statement of Opinion:

  • Access to lower-cost drugs is a critical enabler for our research to progress efficiently.

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 7
Year 10 9 7
Year 20 9 7

Principal Investigator (Houston, TX)

Age: 56 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 12.0 years

Commonness: 5/20

Statement of Opinion:

  • This act aligns well with our need for cost-effective solutions in drug procurement.

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

Clinical Scientist (Seattle, WA)

Age: 42 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 8.0 years

Commonness: 4/20

Statement of Opinion:

  • Anything that helps reduce financial hurdles in obtaining new drugs is welcome.

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 9 6
Year 20 9 6

CEO of a Clinical Research Organization (New York, NY)

Age: 39 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 6/20

Statement of Opinion:

  • The policy has the potential to significantly reduce our operational costs.

Wellbeing Over Time (With vs Without Policy)

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

Professor of Pharmacology (Atlanta, GA)

Age: 60 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 3/20

Statement of Opinion:

  • Our academic work could reach further with such cost reductions.

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

Clinical Trials Consultant (Miami, FL)

Age: 48 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 5.0 years

Commonness: 6/20

Statement of Opinion:

  • This policy provides a needed boost for smaller firms facing steep drug costs.

Wellbeing Over Time (With vs Without Policy)

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

Cost Estimates

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

Year 2: $10500000 (Low: $8500000, High: $12500000)

Year 3: $11000000 (Low: $9000000, High: $13000000)

Year 5: $12000000 (Low: $10000000, High: $14000000)

Year 10: $13500000 (Low: $11500000, High: $15500000)

Year 100: $20000000 (Low: $18000000, High: $22000000)

Key Considerations