A re­vised House bill that would over­haul fed­eral reg­u­la­tion of pre­scrip­tion drugs and med­i­cal de­vices in­cludes more fund­ing for the Na­tional In­sti­tutes of Health, rep­re­sent­ing a com­pro­mise with Democrats who had with­drawn sup­port for the bill.

Modern Healthcare - - LATE NEWS -

House En­ergy & Com­merce Com­mit­tee lead­ers cir­cu­lated a dis­cus­sion draft of the 21st Cen­tury Cures bill that would raise NIH fund­ing to $31.8 bil­lion in fis­cal 2016 and $34.85 bil­lion in fis­cal 2018. Congress ap­pro­pri­ated $30.3 bil­lion for the NIH in fis­cal 2015, and Pres­i­dent Barack Obama re­quested $31.3 bil­lion for fis­cal 2016. How­ever, Con­sumer watch­dog Public Cit­i­zen called the NIH fund­ing a horse trade, “pro­vid­ing perks to the phar­ma­ceu­ti­cal and med­i­cal-de­vice in­dus­tries to ap­prove med­i­ca­tions and de­vices faster based on weaker ev­i­dence.”

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