Biomedical Research Act

Biomedical Research Act - Establishes the President's Biomedical Research Panel to be composed of the Chairman of the President's Cancer Panel and two members appointed by the President.

Requires the Panel to monitor the development and execution of the biomedical research programs of the National Institutes of Health and to report directly to the President. States that any delays or blockages in rapid execution of the biomedical research programs of the National Institutes of Health shall immediately be brought to the attention of the President and 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.