What is one purpose of the Cures Act created by Congress?

The primary purpose of the Cures Act, also known as the 21st Century Cures Act, is to speed up research and medical product development. This legislation was designed to enhance the efficiency of the regulatory process for new drugs and medical devices, promoting innovation in healthcare. It aims to reduce barriers that researchers face, thereby facilitating faster entry of new treatments and therapies into the market, ultimately benefiting patients who may need these medical advancements.

The act includes provisions for increasing funding for medical research, streamlining the approval process for drugs, and enhancing collaboration between the Food and Drug Administration (FDA), industry stakeholders, and the scientific community. By focusing on the acceleration of research and development, the Cures Act seeks to foster a more responsive healthcare environment that can meet the evolving needs of patients more effectively.