A bipartisan group of senators introduced legislation on Thursday that aims to bolster domestic generic manufacturing in an effort to shore up stockpiles of key drugs as the country continues to face shortages of critical medications like antibiotics and chemotherapies.
The bill, called the RAPID Reserve Act, would require the Department of Health and Human Services to dole out $500 million in awards for generic drug manufacturing to either US-based companies or member countries of the Organization for Economic Co-operation and Development. Sen. Gary Peters (D-MI), chair of the Senate Homeland Security and Governmental Affairs Committee, introduced the bill alongside Sens. Marsha Blackburn (R-TN) and Sherrod Brown (D-OH).
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