Current law requires the Colorado prescription drug affordability review board (board) to take certain measures in determining whether to conduct an affordability review for an identified prescription drug. The act requires the board, in making such a determination, to consider whether the drug has an approved orphan drug designation for one or more rare diseases and no other indications and, if so, to consider input from consumers and the Colorado rare disease advisory council (council).
Current law requires the board, in performing an affordability review, to consider certain information. The act requires the board to consider input from the council.
APPROVED by Governor June 6, 2024
EFFECTIVE August 7, 2024(Note: This summary applies to this bill as enacted.)

Statutes affected:
Introduced (04/08/2024): 10-16-1406, 25-1-1505
Engrossed (04/22/2024): 10-16-1406, 25-1-1505
Reengrossed (04/23/2024): 10-16-1406, 25-1-1505
Revised (05/04/2024): 10-16-1406, 25-1-1505
Rerevised (05/05/2024): 10-16-1406, 25-1-1505
Final Act (05/15/2024): 10-16-1406, 25-1-1505
Signed Act (06/06/2024): 10-16-1406, 25-1-1505