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08 May 2020

Senate HELP Committee examines 'Shark Tank' initiative to develop new coronavirus testing technology

NIH's Collins says hastily organized project is already showing promise

The Senate Health, Education, Labor and Pensions (HELP) Committee on May 7 held a hearing on "Shark Tank: New Tests for COVID-19." The witnesses were Dr. Francis Collins, director of the National Institutes of Health (NIH); and Gary Disbrow, PhD, acting director of the Biomedical Advanced Research and Development Authority (BARDA) in the Department of Health and Human Services' Office of the Assistant Secretary for Preparedness and Response.

The attached Tax Alert has details.

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