NIH Innovation Fund

Dear Research Advocate, This just in--the final version of the 21st Century Cures Act has been filed with the House Rules Committee in anticipation of a House vote next week. And to understate the news: it’s great!! The bill contains mandatory funding of $8.75 billion for the NIH Innovation Fund and $550 million for FDA. Compared to the version that passed the Energy and Commerce Committee, that’s $1.25 billion less for the Innovation Fund over five years. But considering what Reps. Upton (R-MI-06) and DeGette (D-CO-01) were up against in securing this supplemental funding stream, and thinking about what these dollars could mean for medical progress, the end result is a HUGE victory. Click...
Dear Research Advocate, I am pleased to repeat myself when I report that it’s been another science-heavy week on Capitol Hill...and most, but not all, of the news is good. This morning, the Energy and Commerce Committee passed (51-0, a tremendous bipartisan victory) the 21st Century Cures Act with new mandatory funding for FDA, and with the NIH Innovation fund intact...and both are paid for! Representatives Upton (R-MI-06) and DeGette (D-CO-01) kept their word and managed, in an extraordinarily tight fiscal environment, to negotiate viable supplemental funding for federal agencies pivotal to medical progress. I am not saying the bill is perfect, nor arguing that stakeholders should support...

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