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Wednesday, December 14, 2016

21st Century Cures Act signed into law by President Obama

Yesterday, President Obama signed into law the 21st Century Cures Act that was recently passed by Congress. About 1,000 pages long, the act will increase funding for the National Institutes of Health and the Food and Drug Administration (FDA) while also include some measure of deregulation.

Although potentially helpful, the changes in the law may have limited effect on the FDA approval process. Currently, drugs that come before the FDA's Division of Neurological Products (DNP) have a more difficult path to approval than drugs that come under the FDA's Division of Psychiatry Products (DPP).



https://www.cbsnews.com/news/working-president-obama-signs-the-21st-century-cures-act/