1. Pink Sheet

Biden Administration Will Back New Health Research Contracting Agency

 
• By Cole Werble

Upcoming budget proposal likely to include a proposal for funding of a DARPA-like contracting entity. Any focus on innovations and breakthroughs is likely welcome news for industry – though perhaps not the message that government is taking on work that drug companies can’t or won’t do.

Health research stamp
• Source: Alamy

President Biden’s first budget is likely to include a call to create a new health research agency modeled on the Defense Advanced Research Projects Agency.

President Biden gave a preview of the effort to create a new development agency during March 23 comments at the Ohio State James Cancer Hospital

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