COSTA MESA, Calif.--(BUSINESS WIRE)--Cerebain Biotech (OTCQB: CBBT) today applauded the Congressional passage of the 21st Century Cures Act. The law has the potential to invigorate medical research, promote innovation and speed the development of new treatments for Alzheimer’s and other chronic diseases.
“Supporters of the Cures Act hope the law will mean research facilities may not need to pay as much for expenses needed for research and development of drugs. The legislation now allows drug makers to use real world experience, reducing reliance on clinical trials to acquire acceptable data.”
The Cures Act is designed to reduce the regulatory burden on drug and medical device discovery and development, to increase the speed of reviewing those products that have been researched through the FDA, and to get them into patients’ hands more quickly.
Eric Clemons, President of Cerebain, stated, “Supporters of the Cures Act hope the law will mean research facilities may not need to pay as much for expenses needed for research and development of drugs. The legislation now allows drug makers to use real world experience, reducing reliance on clinical trials to acquire acceptable data.” Mr. Clemons went on to say, “We encourage you to connect with us on Twitter and Facebook to stay informed.”
About Cerebain Biotech Corp.
Cerebain Biotech (OTCQB: CBBT) is a development-stage medical device company focused on the creation and clinical development of a minimally invasive implantable device and a synthetic drug solution. The device leverages the clinically observable, positive impact that omentum stimulation has on cognitive function as related to dementias, and in particular, Alzheimer’s disease. The corporate vision is based on these positive clinical observations. Visit us at www.cerebain.com or connect with us on Twitter and Facebook to learn more.
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