NIH Teaming Up With Pharma Giants For New Treatments

The National Institute of Health announced Thursday that three pharmaceutical companies will be granting them access to industry compounds in an attempt to help the Institute spearhead new research into treatments for a wide variety of conditions.

“Americans are eagerly awaiting the next generation of cures and treatments to help them live longer and healthier lives,” Health and Human ServiceTo accelerate our nation’s therapeutic development process, it is essential that we forge strong, innovative, and strategic partnerships across government, academia and industry.”

The companies include AstraZeneca, Lilly and Pfizer and the NIH says that additional companies may eventually sign on. The compounds will be supplied to the NIH’s newly formed Natonal Center for Advancing Translational Sciences.

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News updates from on and around Capitol Hill.

LISTEN: The World in Two Minutes – August 29, 2014

The World in 2:00

David Cameron warns of terror risks in the U.K., Malaysia Airlines axes 6,000 jobs, and severe drought from California to Central America.

You Don’t Know What ‘Libertarian’ Means

Don’t ask a libertarian, because most of them don’t know.

UK Raises Terror Threat Level Over ISIS, U.S. Declines

The U.S. Department of Homeland Security and the FBI are unaware of any specific, credible threat to the U.S. homeland,” Jeh Johnson said.

The Soviet Union Folds, Hurricane Katrina Splashes Down And the Air Force Loses Six Nukes

Here’s what happened today in American political history.

Click here for: Friday, August 29

● Poll: Obama foreign policy isn’t tough enough

● Millipede invasion is blocked at border

● Cable boxes go on a power diet

● Suit targets tuition breaks for illegal aliens

● New profile of the 113th Congress

● Labor official stole union funds