The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Subchapter
003
:
INFORMATION REQUIREMENTS
(Cite as: 18 V.S.A. § 4633)
-
§ 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.)