Vermont § 4633 - Pharmaceutical marketer price disclosure

§ 4633. Pharmaceutical marketer price disclosure

• (a) When a pharmaceutical marketer engages in any form of prescription drug marketing
  directly to a physician or other person authorized to prescribe prescription drugs,
  the marketer shall disclose to the physician or other prescriber the average wholesale
  price (AWP) of the drugs being marketed. Disclosure shall include the AWP per pill
  and the price relationship between the drug being marketed and other drugs within
  the same therapeutic class. (b) The disclosures required under this section shall be on a form and in a manner prescribed
  by the Office of the Attorney General. The Attorney General may adopt rules to implement
  the provisions of this section. (c) In addition to any other remedy provided by law, the Attorney General after consultation
  with the Commissioner of Financial Regulation may file an action in Superior Court
  for a violation of this section or of rules adopted under this section. In any such
  action, the Attorney General shall have the same authority to investigate and to obtain
  remedies as if the action were brought under the Consumer Protection Act, 9 V.S.A. chapter 63. Each violation of this section or of rules adopted under this section constitutes
  a separate civil violation for which the Attorney General may obtain relief. (d) As used in this section: (1) “Average wholesale price” or “AWP” means the wholesale price charged on a specific
  commodity that is assigned by the pharmaceutical manufacturing company and listed
  in a nationally recognized drug pricing file. (2) “Pharmaceutical manufacturing company” shall have the same meaning as “pharmaceutical
  manufacturer” in section 4631a of this title. (3) “Pharmaceutical marketer” means a person who, while employed by or under contract
  to represent a pharmaceutical manufacturing company, engages in marketing as that
  term is defined in section 4631a of this title. (Added 2003, No. 122 (Adj. Sess.), § 128c; amended 2007, No. 80, § 5; 2009, No. 59, § 6; 2011, No. 78 (Adj. Sess.), § 2, eff. April 2, 2012; 2011, No. 109 (Adj. Sess.), § 3, eff. May 8, 2012; 2011, No. 136 (Adj. Sess.), § 1b, eff. May 18, 2012.)