H.R. 7539 proposes a program where the Secretary of the Treasury will guarantee financial support, through BioBonds, for biomedical companies and universities to fund clinical trials approved by the FDA. This would help researchers who struggle to find funding for developing...
Simple Explanation
H.R. 7539 is like a big money helper program where the government promises to help pay back loans, called BioBonds, for groups working on new medicine and inventions. They want to give lots of money to scientists and doctors that need help to pay for their medicine tests to make people healthier.