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NY A10479

Bill

Status

Introduced

5/29/2024

Primary Sponsor

Jacob Blumencranz

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Origin

Assembly

2023-2024 General Assembly

AI Summary

  • Requires pharmacy benefit managers to disclose to health plans, pharmacies, and patients whether prescription drugs were manufactured or compounded in foreign countries
  • Mandates disclosure of whether drugs were approved by the federal Food and Drug Administration foreign drug inspection program and the date of the last FDA inspection
  • Requires prescription drug labels to include country of manufacture or compounding, FDA foreign drug inspection program approval status, and last inspection date
  • Specifies that labels must be highlighted in yellow or bold type (minimum 12-point font), with unapproved drugs requiring a warning sign and 14-point minimum font
  • Takes effect immediately upon enactment

Legislative Description

Enacts the "foreign drug transparency act"; requires the disclosure to a health plan, pharmacy and patient whether a prescription drug was manufactured or compounded in a foreign country; whether the prescription was approved by the federal food and drug administration foreign drug inspection program; requires the date of the last inspection of such prescription drug by the federal food and drug administration foreign drug inspection program; requires certain labelling on such drugs.

Last Action

referred to health

5/29/2024

Committee Referrals

Health5/29/2024

Full Bill Text

No bill text available