; and (3) in paragraph (5)— (A) in subparagraph (A), by striking paragraphs (2) and (3) each place it appears and inserting paragraphs (2), (3), and (7) ; and (B) in subparagraph (E)(i), by striking paragraphs (2) or (3) and inserting paragraph (2), (3), or (7) . 3. Disclosure of research and development expenditures by drug manufacturers Section 13 of the Securities Exchange Act of 1934 ( 15 U.S.C. 78m ) is amended by adding at the end the following: (t) Disclosure of research and development expenditures by drug manufacturers (1) Definitions In this subsection: (A) Drug The term drug means any product for which one or more components have been the subject of any of the following applications filed with the Food and Drug Administration: (i) A new drug application (or supplemental new drug application) filed under subsection (b) or (j) of section 505 of the Federal Food, Drug, and Cosmetic Act ( 21 U.S.C. 355 ). (ii) A biologic product application (or supplemental application) filed under subsection (a) or (k) of section 351 of the Public Health Service Act ( 42 U.S.C. 262 ). (B) Drug manufacturer issuer The term drug manufacturer issuer means an issuer that— (i) is required to file an annual report with the Commission under subsection (a); and (ii) engages in the development, manufacture, or marketing of any drug. (2) Disclosure (A) In general Subject to the other provisions of this paragraph, the Commission shall issue rules that require each drug manufacturer issuer’s annual report under subsection (a) to include information regarding the drug manufacturer issuer’s research and development expenditures with respect to— (i) a drug