The latest version of the 21st Century Cures Act was released this morning and the House Energy and Commerce Subcommittee on Health is scheduled to markup the measure on Thursday, May 14th. Like the discussion draft, the updated version provides for an increase in funding for the National Institutes of Health (NIH), both through reauthorization and $10 billion over five years in mandatory funding, starting in FY 2016.
Meanwhile, Senator Richard Burr (R-NC), a member of the Senate HELP Committee, said Tuesday the chamber would draft its own biomedical innovation bill rather than picking up the House’s 21st Century Cures Act. HELP Chair Lamar Alexander (R-TN) said the committee had a goal to get a bill on the floor by early next year but many think that is an overly ambitious timeframe.