Elizabeth Warren Proposes Big Pharma ‘Swear Jar’ To Fund Medical Research

Posted by Mike Confino, January 24, 2015

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In an effort to fund scientific research in the era of divided government, Sen. Elizabeth Warren (D-Mass.) is seeking to force lawbreaking pharmaceutical companies to carry a heavier burden.

Warren will introduce the Medical Innovation Act on Thursday in remarks at a conference hosted by the pro-health care reform group Families USA. Her bill would create a fund that major pharmaceutical companies must pay into when they break the law and settle lawsuits brought against them by the federal government. That fund, in turn, would prop up research accounts for the National Institutes of Health and the Food and Drug Administration.

via Elizabeth Warren Proposes Big Pharma ‘Swear Jar’ To Fund Medical Research.