S 476 United States Senate · 118th Congress

Maintaining Investments in New Innovation Act

S 476, the *Maintaining Investments in New Innovation Act*, extends patent exclusivity for certain advanced drug products from 7 to 11 years. It directly affects drug manufacturers developing therapies using genetically targeted technology, such as those that modulate gene function. The bill amends the Social Security Act to define "advanced drug product" as a drug utilizing genetically targeted technology (e.g., gene modulation), qualifying for the longer 11-year market protection period. This change aims to incentivize investment in innovative genetic therapies by providing extended exclusivity.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2023
Committee Review
Floor Vote
President
Introduced Feb 16, 2023 Last action Feb 16, 2023
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Committee
1
Feb 16, 2023
Committee
Read twice and referred to the Committee on Finance.
upper
Feb 16, 2023
Introduced
Introduced in Senate
upper
1 primary · 3 co-sponsors

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