Public Health Clinic Prudent Pharmaceutical Purchasing Act

Public Health Clinic Prudent Pharmaceutical Purchasing Act - Amends title III (General Powers and Duties) of the Public Health Service Act to provide for rebates from drug manufacturers to entities receiving financial assistance under the Act in an amount equal to the rebate amount under provisions of title XIX (Medicaid) of the Social Security Act relating to payment for covered outpatient drugs. Defines "drug" to include a drug as defined under the Social Security Act and any over-the-counter drug or birth control device.

Prohibits reducing grants to the entities as a result of the rebates. Prohibits the entities from reselling a drug for which it has received a rebate.