Sec. 2. Exclusion of orphan drug sales
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(3)of section 9008(e) of the Patient Protection and Affordable Care Act ( 26 U.S.C. 4001 note prec.; Public Law 111–148 ) is amended to read as follows: The term branded prescription drug sales shall not include sales of any drug or biological product with respect to which a credit was allowable for any taxable year under section 45C of the Internal Revenue Code of 1986, regardless of whether such credit was claimed and received. The preceding sentence shall not apply with respect to any such drug or biological product after the date on which such drug or biological product is approved by the Food and Drug Administration for marketing for any indication other than the treatment of the rare disease or condition with respect to which such credit was allowable. . The amendment made by subsection
(a)shall take effect as if included in section 9008 of the Patient Protection and Affordable Care Act ( 26 U.S.C. 4001 note prec.; Public Law 111–148 ).
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- Pub. L. 111-148
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