Obama signs Cures legislation

Published



President Obama signed major biomedical legislation into law Tuesday that gives billions of dollars to medical research and aims to speed up the development of new drugs and devices.

The 21st Century Cures Act provides $6.3 billion in funding for medical research stretched out over a decade. Included in that is $1 billion to fight opioid abuse. About $4.8 billion will go to the National Institutes of Health, with money also going to the president’s precision medicine initiative and an initiative to help cure brain disorders such as Alzheimer’s disease and epilepsy.

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