Grassley, Klobuchar Propose Importation For Low-Competition Drugs

A bipartisan group of senators, including Senate Finance Committee Chair Chuck Grassley (R-IA) and Sen. Amy Klobuchar (D-MN), reintroduced a bill Friday (March 15) to allow temporary importation of prescription drugs that are in shortage or have fewer than five competitors. In cases of low competition, drugs would have to be approved for at least 10 years before allowing imports. Drugs could only be imported from countries with drug-approval standards to those in the United States. The Short on Competition...