Assemblymember Dr. Patel is Principal Co-Author
Source: US Agriculture Post
SB 895 includes groundbreaking requirements to make health care more affordable for Californians and ensure profitable discoveries reinvest some funds back in California. The measure does so in three main ways:
- Makes pharmaceuticals developed through this research available to Californians at a discount;
- Allows the state to recoup a portion of licensing and royalty fees from inventions and technologies produced as a result of bond-funded research; and
- Allows California to publicly produce pharmaceuticals invented with bond-funded research via CalRx in order to sell them at cost to Californians and for profit to other states.
The bill is sponsored by United Auto Workers, University of California, and Union of American Physicians and Dentists. SB 895 is joint authored by Senators Pérez and Wahab and principal co-authored by Assemblymembers Solache, Jr., Gipson, Irwin, Muratsuchi, Patel Ph.D. Thirty-one members of the Legislature are co-authoring it.
