Senate's PAHPA bill proposes VC-like investment entity

The U.S. Senate version of the Pandemic and All-Hazards Preparedness Act Reauthorization (S. 1855) has some significant differences from a House version of the bill, including the proposed creation of an independent entity to provide venture capital investment in companies with products and technologies that may be used as medical countermeasures. On Wednesday, the Senate bill passed the Health, Education, Labor and Pensions Committee. The House passed its version last week. ...