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Code · BILL · 113th Congress · S. 626 (Introduced in Senate) — To de-link research and development incentives from drug prices for new medicines to treat HIV/AIDS and to stimulate... · Sec. 12

Sec. 12. Arbitration

80 words·~1 min read·/bill/113/s/626/is/section-12

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In the case of a qualifying treatment for HIV/AIDS that is on the market on October 1, 2014, and subject to patents owned by a party other than the person who first received market clearance for the qualifying treatment for HIV/AIDS, the Prize Fund Director shall establish an arbitration procedure to determine an equitable division of any prize payments under this Act among the patent owners and the person who first received market clearance for the qualifying treatment for HIV/AIDS.
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