Reuters: The U.S. House of Representatives is expected to pass a $6.3 billion piece of legislation on Wednesday designed to spur medical innovation, speed access to new drugs, expand mental health treatment, and combat opioid abuse.
The bill, known as the 21st Century Cures Act, provides $4.8 billion to the National Institutes of Health (NIH) over 10 years to support brain, cancer and precision medicine research. It also provides $500 million to the Food and Drug Administration to approve drugs and devices more quickly.
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