speaking later this afternoon at a forum on philanthropy and science and innovation, together with francis collins, and it's being hosted by the science floor and to pay alliance. i'm going to use the council on competitiveness as a great example of bringing public and private entities together successfully to drive innovation through discovery. so organizations like the council have consistently encouraged a national climate in which science and engineering discoverers have adapted to new changes and continue to thrive, and centuries of progress have led us to the verge of new frontiers of discovery. but we still have a lot of challenges. we face all sorts of concerns at home and abroad, and of course we have the very big challenge of educating and inspiring future innovators. i think that's why a lot of people at the national science foundation and at the council and in this room, that's one of our major concerns. how to include and inspire them so they can in turn inspire the world. we've navigated a lot of major barriers in order to come this far. the question is how do we, as a nation, contin

the commissioner of the fda and francis collins. the director of the national institute of the health. we appreciate you being here today. your recognized five minutes please. >> thank you. thank you for the opportunity to testify today. on the anniversary of the cures act. and to update you on the progress in the provisions of the landmark legislation. the cures act gave broad new set of authority and resources to adapt the policy and organization truckture to make sure the efforts are modern as the medical products we're seeing. i'm proud that my colleagues have worked hard to meet the commitment under this statute. i want to commit that timely implementation of the legislation is one of my highest priorities. the cures act is the defining element of my own policy planning. when i arrived seventh months ago i remarked i couldn't imagine a better time to lead lt agency. the opportunity offered by new science and opportunity. gene and cell therapy. targeted drugs. regenerative medicine. digital health tools and materials. offer the

. >> next, fda commissioner scott gottlieb and francis collins testify on medical innovations. they appeared before the senate health innovation and pensions committee on issues including the opioid epidemic, rare disease funding and research into treating addicts nonmedically. this is an hour and 50 minutes. >> good morning, the senate committee on health and education will come to attention and order. another bipartisan hearing which is what most of our hearings are which is what bernie and i created on the witnesses. i would say every member of this committee would probably agree on the subject in witnesses today. this is a hearing entitled implementation of the 21st century cures. progress and the path forward for medical innovation, we will hear from francis collins, and doctor scott gottlieb, commissioner of food and drugs. we all have as i mentioned a hearing next wednesday on another important part of the cures act which was the first reorganization of our mental health laws of a decade which senator cassidy and murphy played a major role in and we look forward to that.

. >>> fda commissioner scott gottlieb and francis collins testify about the latest medical innovations before the senate health, education, labor and pensions committee. this is almost two hours. we look forward to that. senator murray and i will each have an opening statement and then introduce our panel of witnesses. after, senators will have five minutes of questions. in 2007 doug oliver, who is in the front row i believe, a computer programmer began to have trouble, had his driver's license taken away and declared legally blind. it was a rare form of macular degeneration. he moved to nashville where they told him while there were no cures, he could search online for a trial. he found a regenerative clinical trial in florida, where doctors took cells out of the bone marrow in his hip, and then injected these into his eye. three days later he began to see. his eye sight eventually improved enough to get his driver's license back and that he became an effective advocate for more support for regenerative medicine done the proper way, which we included in the 21st century cures act. ear

. >>> fda commissioner scott gottlieb and francis collins testify about the latest medical innovations before the senate health, education, labor and pensions committee. this is almost two hours.

the national institutes of health where with francis collins excellent leadership the united states is leading efforts to develop a cure for new treatmentd for cancer. the fda, where scott gottlieb has gotten off to an start speeding up the approval of generic drugs and working to spur innovation annexes to regenerate of messages -- medicines. and you will be subject to skyrocketing demands and health market that are currently a nightmare for americans who do not receive a government subsidy to help pay for their health insurance. you will also the opportunity to implement what the majority leader of the senate called the most important piece of last year. the 21st century cures act which senator murray and i and members of this committee agreed upon and gave broad new powers to the fdi, the national institutes and included the first major senator murphy especially worked on that, of mental health programs in a decade as well as significant new funding for the open your crisis which virtually all of us support. i believe you are a nominee for this job. you have confirmed by the united

collins before getting her tax vote. some members of the house refused to support the measure. pope francis will participate in a funeral mass on thursday at st. peter's basilica for the archbishop of the boston diocese, who resigned under pressure for having failed to protect children from pedophile priests. he died tuesday. senator al franken has given an official timeline for when he will step down. franken plans to resign january 2. he had announced earlier this month he would step down in the wake of sexual harassment allegations. global news, 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. i'm alisa parenti. this is bloomberg. "bloomberg technology" is next. ♪ emily: i'm emily chang. this is "bloomberg technology." a new number two. coinbase's insider trading suspicions. investigation into a sudden spike in bitcoin cash just before it was officially introduced on one of america's most popular cryptocurrency exchanges. and one app to bind them all. apple 2018 plans for a custom application that works effectively on the iphone, ifad, -- ipa

collins before getting her tax vote. some members of the house refused to support the measure. pope francisuneral mass on thursday at st. peter's basilica for the archbishop of the boston diocese, who resigned under pressure for having failed to protect children from pedophile priests. he died tuesday. senator al franken has given an official timeline for when he will step down. franken plans to resign january 2. he had announced earlier this