New Jersey
For New Jersey, new drug wac threshold is $670 per WAC unit; price increase % trigger is more than 10% during any 12-month period; generic/biosimilar trigger is generic drug priced at $10 or more by more than 10% during any 12-month period; statute is NJ S.B. 1615, recorded from its source on 2026-08-14.
- State
- New Jersey
- New drug WAC threshold
- $670 per WAC unit verified
- Price increase % trigger
- more than 10% during any 12-month period verified
- Generic/biosimilar trigger
- generic drug priced at $10 or more by more than 10% during any 12-month period verified
- Statute
- NJ S.B. 1615 verified
What the source says
NJ S.B. 1615 requires manufactures to report certain data points (e.g., NDC, sales volume, manufacturer costs, reasons for WAC increase) if it is increasing the WAC of a brand-name drug by more than 10% or increasing the WAC of a generic drug priced at $10 or more by more than 10% during any 12-month period. Additionally, the state requires reporting if a new drug has a WAC of $670 per WAC unit or more or a biosimilar has a WAC that is not at least 15% less than the WAC of a referenced brand biologic.
— goodwinlaw.com, retrieved 2026-08-14
Source
- goodwinlaw.comhttps://www.goodwinlaw.com/en/insights/publications/2025/06/alerts-lifesciences-state-drug-transparency-laws