CURES Act to provide additional medical research funding

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

WASHINGTON — The act that aims to provide substantial new funding to health research has been signed into law by President Barack Obama.

The CURES Act was signed into law Tuesday afternoon and is expected to help millions of Americans in the years to come.

“We’re tackling cancer, brain disease, substance abuse disorders and more, and none of this work would have been possible without bipartisan cooperation,” the NY Daily News reported Obama as saying during the signing ceremony at the White House.

The act includes the “Cancer Moonshot” initiative led by Vice President Joe Biden, which gives $1.8 billion to the fight against cancer.

It also includes funding for opioid abuse, mental health treatments, and brain diseases like Alzheimer’s.

According to TIME, the bill also speeds up to approval process for new drugs and medical devices.

“This particular bill is going to allow people to live, live longer, and live healthier, but most of all Mr. president, I think it gives people hope,” said Vice President Biden.

Notice: you are using an outdated browser. Microsoft does not recommend using IE as your default browser. Some features on this website, like video and images, might not work properly. For the best experience, please upgrade your browser.