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US FDA: $1bn needed to cover 'Cures' costs

This article was originally published in SRA

Executive Summary

The US Food and Drug Administration has estimated it would cost about $1bn to cover its costs for implementing the provisions in the 21st Century Cures Act, which the House Energy and Commerce Committee started on 19 May to mark up – the point at which amendments will be added, or not, before a vote is taken on whether to move the bill to the full chamber for consideration1.

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