Biomedical Research Act

Biomedical Research Act - Revises the Public Health Service Act by establishing the President's Biomedical Research Panel. Provides that the Panel shall have the duty to monitor the development and execution of the biomedical research programs of the National Institutes of Health and shall report any delays or blockages in rapid execution of such programs to the President, the Senate Committee on Labor and Public Welfare, the House Committee on Interstate and Foreign Commerce, the Senate Committee on Appropriations, and the House Committee on Appropriations. Sets forth the composition of the Panel.