Verified Document

21st Century Cures Act Essay

Related Topics:

Policy Overview

The Cures Act that was enacted on 13th Dec. 2016 is meant to expedite the process of medical product development. It is also aimed at making it possible for new innovations in the medical field to reach the intended beneficiaries (the patients) faster. The law derives inspiration from work by FDA to include the views of patients into drug development, biological devices and products in the process of making decisions by the FDA. The ability to modernize clinical trial plans and outcome assessments; which will hasten the review of novel products in the medical field, and creation of medical counter-measures have been made possible by the Cures Act (FDA, 2017). The Act provides new authority that will assist FDA to bolster our recruitment and retention of scientific, professional and technical experts. It also initiates programs for faster development of products.

The Effect of the Cures Act



i. Economics

FDA received a major boost when the Cures Act, in Title III, authorized 500 million dollars to be channeled to its accounts for the funding of specified medical product development and innovation efforts. The National Institute of Health is also permitted by the Act to authorize funding for special...
Previously, it took a long process to approve funding for projects with a high risk and high reward chances.
Several other areas where about $6.3 billion is included in the Act, to be spent in the next ten year period, include:

· $1.4 billion will be allocated to the Precision Medicine Initiative. Genetic data from volunteers will be fetched to assist in the development of new medical products and treatments (Thompson, 2016)

· $1.56 billion will be allocated to the brain initiative. The project intends to map the human brain in a better way, so that a more complete understanding of its functions can be realized; thus making it possible to develop fresh treatments for the current brain maladies.

· An amount in excess of one billion will be allocated to deal with drug abuse via prescription. The funding will be extended to states that come up with new education programs for the prevention and treatment of such drug addiction and substance abuse (Thompson, 2016).

ii. Political

There are specific clauses for the creation of fresh employment chances at the…

Cite this Document:
Copy Bibliography Citation

Related Documents

Japanese-American Biopharmaceutical Industry in the 21st Century
Words: 20340 Length: 60 Document Type: Term Paper

Japanese-American Biopharmaceutical Industry in the 21st Century Optimizing Ethical Drug Availability Between These Two Pharmaceutical Superpowers" The Japanese-American biopharmaceutical industry represents an ongoing international effort between the two top pharmaceutical markets in the world. These two economic powers provide consumers with a majority share of all pharmaceuticals produced in the world. However, a number of pharmaceutical products that are currently available to U.S. residents are unavailable to Japanese consumers. From a humanitarian perspective, this

Healthcare Reform and Legislation Today
Words: 392 Length: 1 Document Type: Essay

Regulation of food and drug safety is such an accepted part of Americans’ daily lives, it is easy to forget that people did not always enjoy this security. The 1906 Pure Food and Drug Act regulated the types of drugs which could be legally sold in the United States as well as prohibited food tampering and adulteration (Glass 2014). The Act’s passage ensured that proper testing is necessary to show that

Clinical Informatics
Words: 3264 Length: 11 Document Type: Essay

Clinical Decision Support and Electronic Health Records Introduction Information technology has revolutionized nearly every aspect of life, from how people recreate to how they work. This is no less true in the field of health care, where clinical informatics is reshaping the nursing workplace environment, how patient data is recorded and shared, and how health care is delivered. This paper will discuss clinical informatics concepts emerging in the 21st century, what evidence-based

Future of Holistic Medicine Holistic
Words: 6156 Length: 20 Document Type: Research Proposal

This is inherently different from the effort to promote health by simply avoiding sickness. In this context, one may view the lack of health at five levels: Dissatisfaction Discomfort Disability Overt disease Death or dying (Rosch, n.d.). While we would normally tend to view these as progressive and more severe stages of illness, they might be accorded equal weight on a holistic scale which measures total health. Another distinction that follows from the above is

Palliative Care
Words: 21397 Length: 70 Document Type: Ghost Writing

Hisory of Palliatve Care Palliative Care Palliative Care Methods Palliative care entails assisting patients get through pain caused by different diseases. The patient may be ailing from any diseases, be it curable or untreatable. Even patient who are sick and almost passing away will need this care. Palliative care has characteristics that differentiate it to hospice care. The key role for palliative care is to help in improving the existence of someone and

Colombia Is the Third-Largest Recipient
Words: 19788 Length: 58 Document Type: Research Proposal

During this penultimate period of violence under Rojas, the violence that wracked Colombia assumed a number of different characteristics that included an economic quality as well as a political one with numerous assassinations taking place. These were literally contract killings there were sponsored by opposition forms. There were also horrendous genocidal acts that were carried out by gangs combined with authentic revolutionary fighting in some regions of the country. The fourth

Sign Up for Unlimited Study Help

Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.

Get Started Now