Freedomworks
Latest Draft of Hatch IVD Bill Contains New Regulatory Proposals; Pricing Reforms under Discussion
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The latest iteration of a bill being drafted by Republican Senator Orrin Hatch includes new proposals to bring "follow-on" diagnostics to market and a process for grandfathering in already-commercialized IVD products. Other issues, such as the development of a market-based pricing model for advanced personalized diagnostics, are still under consideration.