21ST CENTURY CURES ACT READY TO BE SIGNED INTO LAW
WASHINGTON, D.C. – Congress has taken the final step to send the 21st Century Cures Act to the President’s desk for signature into law. The U.S. Senate voted overwhelmingly today to support legislation which will make huge strides to help Americans find better cures so they can live longer, healthier lives.
“More than two years ago we set out an ambitious goal of accelerating the pace of medical innovation and delivering cures to patients who desperately need them,” said Rep. Green. “Key to this was increased investment in medical research and enhancing the Food and Drug Administration’s tools to review and approve new medicines. It was an honor and a privilege to be a co-author of this effort.”
The legislation received strong bipartisan, bicameral support. It is slated for the President’s signature in the near future.
The most notable provisions of the $6.3 billion act will:
- Authorize $4.8 billion for the National Institutes of Health and $500 million to the Food and Drug Administration.
- Designate $1 billion over two years to battle the opioid epidemic.
- Call for $1.8 billion in funding for Vice President Joseph Biden's Cancer Moonshot initiative.
- Authorize a new approval pathway that will advance the development of new antibiotics.
Contact: Carlos Paz