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BIO applauds SEC for finalizing tick size pilot program.

2015-05-13 14:31:06| Industrial Newsroom - All News for Today

BIO praises Securities and Exchange Commission for approving proposal by the national securities exchange and FINRA for 2-year pilot program that would widen minimum quoting and trading increments for stocks of some smaller companies. Pilot program will test impact of $0.05 tick on certain small companies to spur trading activity in their stock. BIO believes that pilot will increase liquidity and capital availability necessary for emerging biotech companies to be successful on public market.

Tags: size program sec bio

 

BIO applauds introduction of the PARTNER Act.

2015-05-06 14:31:08| Industrial Newsroom - All News for Today

BIO applauds Rep. Pat Meehan (R-PA) for introducing the Partnerships to Advance Revolutionary Technology and Novel Entrepreneurial Research (PARTNER) Act (H.R. 2179). Bill would allow companies to partner with their investors on a specific research project or pipeline. Only start-up and small companies dedicated to R&D would be eligible to use these R&D Partnership Structures, so investors would be incentivized to invest at an earlier stage when capital is most needed.

Tags: partner act introduction bio

 
 

ASC applauds passage of bipartisan TSCA reform bill.

2015-05-06 14:31:08| Industrial Newsroom - All News for Today

ASC congratulates Senate Environment and Public Works Committee for passage of the Frank R. Lautenberg Chemical Safety for the 21st Century Act (S.697). Approval of this bipartisan reform to the broken Toxic Substances Control Act is a major step forward in getting EPA to evaluate thousands of chemicals that have not been addressed since law’s passage in 1976. ASC will continue to reach out to other Senate offices to build support for full Senate vote later this year.

Tags: bill reform passage asc

 

US fashion industry applauds trade bills package

2015-04-17 14:05:41| Daily apparel & textile news and comment - from just-style.com

A package of bills introduced in the House and Senate yesterday (16 April) has sparked hope that a long-delayed trade agenda could finally move forward this year.

Tags: industry trade fashion package

 

BIO applauds SEC for finalizing Regulation A+.

2015-04-07 14:31:09| Industrial Newsroom - All News for Today

BIO applauds the SEC for finalizing provision of the Jumpstart Our Business Startups Act that will raise offering ceiling under Reg A+ from $5 million to $50 million. According to BIO President and CEO Jim Greenwood, most small biotech companies operate without any product revenue, relying on external investors to finance all of their operations. Increased offering limit under Reg A+ will enable emerging biotech companies to raise capital while reducing regulatory compliance.

Tags: sec bio regulation finalizing

 

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