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Bipartisan Group of Senators and Representatives Introduce Bill to Battle Brain-Related Illness
Date:5/7/2008

A and other federal agencies;

-- Coordinate, support, and extend the NIH Blueprint for Neuroscience

Research;

-- Coordinate and support neuroscience Small Business Innovation Research

(SBIR) and Small Business Technology Transfer (STTR) programs;

-- Facilitate FDA testing and evaluation of advances in neuromedicine,

including drugs, diagnostics, and devices; and

-- Coordinate and promote the study of the social, ethical, and legal

aspects of neurotechnology.

The NNTI plans to distribute $200 million per year in Federal funding as follows:

National Neurotechnology Coordination Office

-- $5M to create and run a National Neurotechnology Coordination Office

and advisory council (improves national coordination among agencies)

National Institutes of Health

-- $80M to fund the NIH Blueprint for Neuroscience Research (expands basic

neuroscience infrastructure available to 16 NIH Institutes involved in

the brain and nervous system)

-- $75M to fund neurotechnology-related SBIR and STTR at the NIH

(additional funding beyond current program to accelerate translational

innovation and small business funding)

Food and Drug Administration

-- $30M for the FDA to increase neuroscience-related staff and to develop

workshops to develop neurotech standards (increases timeliness & safety

of neurotech review process)

Ethical, Legal, and Social Issues

-- $10M to develop a research center to conduct studies on the ethical,

legal and social implications of neurotech (increases national

coordination and industry growth)

About NIO

The Neurotechnology Industry Organization represents companies involved in neuroscience -- drugs, devices and diagnostics, academic brain research centers, and patient advocacy groups across the world. Since NIO's founding in August 2006, ov
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SOURCE Neurotechnology Industry Organization
Copyright©2008 PR Newswire.
All rights reserved

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