vote no on Nov. 4 Bozeman Water Adequacy Ballot Initiative vote no on Nov. 4 Bozeman Water Adequacy Ballot Initiative vote no on Nov. 4 Bozeman Water Adequacy Ballot Initiative
Subscribe
  • News
    • Wildfire News
    • Local
    • Bozeman
    • Regional
    • Business
    • Real Estate
    • Outlaw Partners News
  • Arts & Entertainment
  • Opinion
  • Sports
  • Yellowstone
  • Events
Menu
  • News
    • Wildfire News
    • Local
    • Bozeman
    • Regional
    • Business
    • Real Estate
    • Outlaw Partners News
  • Arts & Entertainment
  • Opinion
  • Sports
  • Yellowstone
  • Events

Bipartisan bill addresses drug shortages, speeds up research

in News
Megan Paulsonby Megan Paulson
June 27, 2012

WASHINGTON D.C. – A bill that passed both Congressional houses nearly unanimously this June would make affordable prescription drugs more accessible and help Montana businesses producing new drugs.

The Food and Drug Administration Safety and Innovation Act includes a provision co-sponsored by Sen. Jon Tester, D-Mont., to encourage development of new drugs that treat rare and highly resistant infectious diseases.

Known as the GAIN Act, the provision streamlines the approval process by extending patents for drug makers and allowing them to work with non-accredited investors.

How do you want your public dollars invested? Get involved in the FY26 Grant Cycle by clicking the image. How do you want your public dollars invested? Get involved in the FY26 Grant Cycle by clicking the image. How do you want your public dollars invested? Get involved in the FY26 Grant Cycle by clicking the image.
ADVERTISEMENT

Short for ‘Generating antibiotic incentives now,’ it will benefit companies such as the Bozeman-based pharmaceutical company Microbion, which specializes in developing innovative drug treatments, particularly for antibiotic resistant infections.

Its passage will change the playing field in the antibiotic industry, said Microbion President and CEO Dr. Brett Baker. If allowed to work with non-accredited partners, Microbion could access big international companies that “can really move something,” Baker said.

The bill also extends existing agreements between pharmaceutical companies and the FDA to speed up drug approvals and improve the safety of medicine and medical devices.

Because it will allow new drugs into the marketplace faster and reduce the costs of generic drugs, the non-partisan Congressional Budget Office estimates the bill will save taxpayers $360 million over the next decade.

It also encourages government and private companies to work together to quickly develop and approve treatments for chronic illnesses like Alzheimer’s disease.

The bill passed the Senate by a vote of 96-1 earlier this spring, and last week it passed the House unanimously.

Yellowstone National Park Lodge Yellowstone National Park Lodge
ADVERTISEMENT

Listen

Outlaw Beat Podcast

Joe Borden & Michele Veale Borden

Lastest Episode
See More Episodes
outlaw realty montana outlaw realty montana
ADVERTISEMENT
Outlaw Realty Big Sky Bozeman
ADVERTISEMENT

Upcoming Events

Oct 16
11:00 am - 5:00 pm Event Series

“FALL COLORS” Big Sky Artists’ Collective

Oct 17
11:00 am - 5:00 pm Event Series

“FALL COLORS” Big Sky Artists’ Collective

Oct 17
7:00 pm - 9:30 pm Event Series

Trivia at the Waypoint

Oct 18
11:00 am - 5:00 pm Event Series

“FALL COLORS” Big Sky Artists’ Collective

Oct 19
11:00 am - 5:00 pm Event Series

“FALL COLORS” Big Sky Artists’ Collective

View Calendar
Event Calendar

Related Posts

For the first time, Montana officially celebrates Indigenous Peoples’ Day 
News

For the first time, Montana officially celebrates Indigenous Peoples’ Day 

October 14, 2025
Daniel Caesar plays surprise pop-up show in Bozeman
News

Daniel Caesar plays surprise pop-up show in Bozeman

October 3, 2025
Bozeman is getting a Chick-fil-A (probably)
Bozeman News

A new ballot initiative promises to solve both water and housing in Bozeman. Would it?

September 30, 2025
Big Horns battle Lockwood Lions 
News

Big Horns battle Lockwood Lions 

September 29, 2025

An Outlaw Partners Publication

Facebook-f Instagram X-twitter Youtube

Explore Big Sky

  • About/Contact
  • Advertise
  • Publications
  • Subscriptions
  • Podcast
  • Submissions

Outlaw Brands

  • Mountain Outlaw
  • Plan Yellowstone
  • Big Sky PBR
  • Wildlands Music
  • Outlaw Partners
  • Outlaw Realty
  • Hey Bear

Copyright © 2025 Explore Big Sky | Terms of Use | Privacy Policy | Your Privacy Choices

No Result
View All Result
  • News
    • Bozeman News
    • Regional
    • Business
    • Outlaw Partners News
  • Yellowstone
  • Arts & Entertainment
  • Sports
  • Opinion
  • Real Estate
  • Events

©2024 Outlaw Partners, LLC. All Rights Reserved.

Explore Big Sky Logo
  • News
    • Wildfire News
    • Local
    • Bozeman
    • Regional
    • Business
    • Real Estate
    • Outlaw Partners News
  • Arts & Entertainment
  • Opinion
  • Sports
  • Yellowstone
  • Events
Subscribe
Facebook X-twitter Instagram Youtube