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21st Century Cures: Device Provisions

Dozens of reforms impacting the medtech sector were passed by the US House Nov. 30 in a compromise version of the 21st Century Cures Act that is expected to pass the Senate and be signed by President Obama before he leaves office. Here's a breakdown of the provisions most important to device- and diagnostic-makers.

After two years in the making, on Nov. 30, the US House passed the 21st Century Cure Act, which is now on the fast track to becoming law before the end of the Obama administration. (Also see "Senate Poised To Vote On Cures Bill; Headed To Likely Enactment This Term" - Medtech Insight, 1 December, 2016.) The bill includes a grab bag of reforms intended to streamline FDA processes for medical devices, funding for precision medicine, neurotechnology and cancer research and development and some Medicare reforms.

The table below highlights the provisions of most importance to the medtech space.

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