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Medical Innovation ‘Cures 2.0' Bill Unveiled in U.S. House (1)

Nov. 16, 2021, 12:01 PMUpdated: Nov. 16, 2021, 5:50 PM

A bipartisan duo of House lawmakers announced their long-awaited bill to speed up medical innovations and create a new federal research agency Tuesday.

Reps. Diana DeGette (D-Colo.) and Fred Upton (R-Mich.) said their legislation would transform how Medicare pays for new treatments and technologies—potentially bringing them to seniors faster—and increase access to telehealth services.

The bill also would authorize a new biomedical research agency designed to catalyze cutting-edge discoveries that’s modeled off existing programs at the departments of Defense and Energy.

“The federal government has shown, time and time again, that when it’s given the resources needed to accomplish the ...