HB1 (the state budget) includes the development of a clear process for including prescription medications on the Texas Drug Code Index requiring HHSC to clarify their process for the inclusion of prescription drugs in both Medicaid and CHIP. The bill also includes a provision of notification related to orphan drugs which is a pharmaceutical agent that has been developed specifically to treat a rare medical condition.
SB 943 relates to the regulation of contracting information and certain entities that handle contracting information that would be considered public. THBI was successful in adding language that would better clarify and protect the definition of a trade secret, including those for pharmaceutical products.
SB 748 relates to maternal and newborn health care, including the newborn screening preservation account as a dedicated account in general revenue to be administered by the Department of State Health Services (DSHS). Money in the account can only be appropriated to DSHS and only for the purposes of carrying out the newborn screening program.
HJR 12 (now Proposition 6) on the November 5, 2019 ballot is the continuation of CPRIT and would allow the Texas Legislature to increase the maximum amount of bonds from $3 billion to $6 billion. THBI is involved in a statewide campaign of advocacy organizations with the goal passing Proposition 6 to continue funding cancer research and prevention in Texas for the next decade.
SB 81 extended CPRIT’s sunset review date by two years to allow the agency to fulfill its constitutional mandate to invest all funds approved by Texas voters.
The Governor’s University Research Initiative grant program (GURI) is a matching grant program to assist eligible institutions of higher education in recruiting distinguished researchers to Texas.
HB 751 updates the Texas Pharmacy Practice Act by allowing Texas pharmacists to dispense safe and less expensive biologic medications to patients, by allowing substitution of an FDA approved interchangeable biologic for a prescribed brand name biologic.
HB 800 offers tax credits for companies engaged in qualified research activities a choice between accepting a sales tax exemption or a franchise tax credit.
The Texas Tier One Initiative (House Bill 51) created two funds and an incentive research program to also create additional national research universities in Texas.
$3B - $300M per year for 10 years/to date to fund groundbreaking cancer research and prevention programs and services in Texas.
The TETF awarded more than $232.46 million for biotechnology related projects.
The Texas Product Development Fund provided financing to aid the development, production and commercialization of new or improved products within the state.
The TEF has awarded $98.1 million for biotechnology related projects, creating 11,451 jobs