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Fight's On For $50bn FDA/NIH 'Innovation' Fund

This article was originally published in Scrip

Executive Summary

Unwilling to wait to fight it out on the Senate floor to figure out how much to put into a Republican-proposed pot of money to help support high-priority biomedical research and development projects, like President Barack Obama's Precision Medicine, BRAIN and Cancer Moon Shot initiatives, Democrats in the chamber's Health, Education, Labor and Pensions (HELP) Committee on March 3 introduced their own plan – proposing that $50bn over the next 10 years be added to the budgets of the FDA and the National Institutes of Health (NIH).






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