Health, Wealth, and the 21st Century Cures Act
Americans are increasingly apprehensive about our future, so it is inspiring when Congress produces legislation intended to both enhance our health and expand our economy. The 21st Century Cures Act,1 recently passed by the House with an impressive bipartisan majority vote of 344 to 77, intends to a...
| Main Authors: | , , |
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| Format: | Article |
| Language: | en_US |
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2017
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| Online Access: | http://hdl.handle.net/1721.1/109078 https://orcid.org/0000-0003-2944-7773 |
| _version_ | 1811079479032807424 |
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| author | Philipson, Tomas J. von Eschenbach, Andrew C. Lo, Andrew W |
| author2 | Sloan School of Management |
| author_facet | Sloan School of Management Philipson, Tomas J. von Eschenbach, Andrew C. Lo, Andrew W |
| author_sort | Philipson, Tomas J. |
| collection | MIT |
| description | Americans are increasingly apprehensive about our future, so it is inspiring when Congress produces legislation intended to both enhance our health and expand our economy. The 21st Century Cures Act,1 recently passed by the House with an impressive bipartisan majority vote of 344 to 77, intends to accelerate the many-step process of drug discovery and development, from basic scientific research to clinical development to delivery, distribution, and ongoing monitoring. Among other things, the legislation boosts National Institute of Health funding, dramatically speeds up the US Food and Drug Administration (FDA) approval process, and aims to make use of new information technology to better monitor the performance of medical products after they reach the market. This landmark bill now awaits a comparable piece of legislation being developed by the Senate Health Education, Labor, and Pensions Committee. Together, they will transform the biomedical ecosystem and provide the foundation for the next several decades of innovative life-saving and health-enhancing solutions for our nation and the world. |
| first_indexed | 2024-09-23T11:15:41Z |
| format | Article |
| id | mit-1721.1/109078 |
| institution | Massachusetts Institute of Technology |
| language | en_US |
| last_indexed | 2024-09-23T11:15:41Z |
| publishDate | 2017 |
| record_format | dspace |
| spelling | mit-1721.1/1090782022-09-27T18:15:24Z Health, Wealth, and the 21st Century Cures Act Philipson, Tomas J. von Eschenbach, Andrew C. Lo, Andrew W Sloan School of Management Lo, Andrew W Americans are increasingly apprehensive about our future, so it is inspiring when Congress produces legislation intended to both enhance our health and expand our economy. The 21st Century Cures Act,1 recently passed by the House with an impressive bipartisan majority vote of 344 to 77, intends to accelerate the many-step process of drug discovery and development, from basic scientific research to clinical development to delivery, distribution, and ongoing monitoring. Among other things, the legislation boosts National Institute of Health funding, dramatically speeds up the US Food and Drug Administration (FDA) approval process, and aims to make use of new information technology to better monitor the performance of medical products after they reach the market. This landmark bill now awaits a comparable piece of legislation being developed by the Senate Health Education, Labor, and Pensions Committee. Together, they will transform the biomedical ecosystem and provide the foundation for the next several decades of innovative life-saving and health-enhancing solutions for our nation and the world. 2017-05-15T14:13:31Z 2017-05-15T14:13:31Z 2015-10 Article http://purl.org/eprint/type/JournalArticle 2374-2437 2374-2445 http://hdl.handle.net/1721.1/109078 Lo, Andrew W.; Philipson, Tomas J. and von Eschenbach, Andrew C. “Health, Wealth, and the 21st Century Cures Act.” JAMA Oncology 2, no. 1 (January 2016): 17. https://orcid.org/0000-0003-2944-7773 en_US http://dx.doi.org/10.1001/jamaoncol.2015.4221 JAMA Oncology Creative Commons Attribution-Noncommercial-Share Alike http://creativecommons.org/licenses/by-nc-sa/4.0/ application/pdf MIT Web Domain |
| spellingShingle | Philipson, Tomas J. von Eschenbach, Andrew C. Lo, Andrew W Health, Wealth, and the 21st Century Cures Act |
| title | Health, Wealth, and the 21st Century Cures Act |
| title_full | Health, Wealth, and the 21st Century Cures Act |
| title_fullStr | Health, Wealth, and the 21st Century Cures Act |
| title_full_unstemmed | Health, Wealth, and the 21st Century Cures Act |
| title_short | Health, Wealth, and the 21st Century Cures Act |
| title_sort | health wealth and the 21st century cures act |
| url | http://hdl.handle.net/1721.1/109078 https://orcid.org/0000-0003-2944-7773 |
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