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Sunday, 11/27/2016 2:00:04 AM

Sunday, November 27, 2016 2:00:04 AM

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The Question Of A Lifetime: Who wants to be a millionaire?

Congress poised to pass sweeping biomedical innovation bill

www.sciencemag.org/news/2016/11/congress-poised-pass-sweeping-biomedical-innovation-bill

Legislation That Would Shape FDA And NIH Triggers Lobbying Frenzy

- "The legislation would give the Food and Drug Administration new powers to more rapidly approve drugs and medical devices."

- "The bill would keep generics off the market longer for drugs treating rare diseases and speed the drug and device approval process."

- Its spokesperson Allyson Funk said in a statement the trade group "appreciate[s] Congress' continued interest in improving biomedical innovation and accelerating new treatments for patients."

- "Beyond the pharmaceutical industry, the bill's supporters include universities, medical schools and groups representing them, as well as patient groups funded by drug and device companies, said Diana Zuckerman of the nonprofit National Center for Health Research,"

- Johns Hopkins Medicine called enhanced biomedical research funding "long overdue." Spokeswoman Jania Matthews said in an email that the bill would also "provide new tools at the FDA to accelerate the approval of new therapies and medical devices."

www.npr.org/sections/health-shots/2016/11/25/503176370/legislation-that-would-shape-fda-and-nih-triggers-lobbying-frenzy

Rep. Fred Upton, R-Mich., who chairs the House Energy and Commerce Committee, announced details of the draft bill Saturday along with Sen. Lamar Alexander, R-Tenn., chair of the Senate Committee on Health, Education, Labor and Pensions. They described the legislation as an “innovation game-changer.”

“America’s patients are waiting on us,” the two lawmakers said in a statement.

fortune.com/2016/11/26/bill-medical-patent-legislation/

energycommerce.house.gov/cures

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breathtecbiomedical.com

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