BIO praised Senator Pat Toomey (R-PA) and Senator Robert Menendez (D-NJ) for introducing the Start-up Jobs and Innovation Act, which will help spur investment in small biotech companies and other innovative businesses. BIO also congratulates Senator Pat Roberts (R-KS) and Senator Tom Carper (D-DE) for cosponsoring legislation. By providing incentives for investors to partner with young research companies, bill will stimulate R&D investment at earliest, most-critical stages of company’s research.