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BIO thanks retiring FDA Commissioner.

2015-02-11 14:30:51| Industrial Newsroom - All News for Today

BIO President and CEO Jim Greenwood issued statement regarding announced retirement of Dr. Margaret Hamburg. Dr. Hamburg presided over implementation of Food and Drug Administration Safety and Innovation Act and successful launch of breakthrough therapy designation program and other expansions of expedited approval pathways. These programs have proven invaluable in bringing groundbreaking new therapies to patients more efficiently, while maintaining FDA’s high standards for safety and efficacy.

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BIO addresses reintroduction of the Innovation Act.

2015-02-11 14:30:51| Industrial Newsroom - All News for Today

BIO President and CEO Jim Greenwood issued statement regarding re-introduction of the Innovation Act by House Judiciary Committee Chairman Bob Goodlatte (R-VA). BIO supports targeted reforms to reign in abusive patent enforcement practices, but any effort to accomplish this must be done in a way that preserves patent-based incentives necessary to sustain nation’s global leadership in biotechnology innovation and creation of high-wage, high-value jobs throughout country.

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BIO lauds Senators Toomey and Menendez.

2015-02-10 14:31:40| Industrial Newsroom - All News for Today

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.

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Registration open for 12th annual BIO World Congress.

2015-02-10 14:31:40| Industrial Newsroom - All News for Today

Scheduled for July 19–22, 2015 at the Palais des congrès de Montréal in Montréal, Canada, 2015 World Congress on Industrial Biotechnology will cover entire value chain, from research to feedstocks to manufacturing to end products for biofuels, biobased products, renewable chemicals, and consumer products. BIO hosted around 1,100 attendees from 640 companies and 45 countries at its 2014 World Congress in Philadelphia and expects to exceed these numbers in Montréal.

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BIO President says FY 2016 budget threatens medical innovation.

2015-02-09 14:31:42| Industrial Newsroom - All News for Today

In response to President Obama's FY 2016 budget proposal, BIO's Jim Greenwood cited provisions proposing changes to biologic data exclusivity and cuts to Medicare Part D and B as "deeply troubling" and claimed they would be "detrimental to the development of new cures and treatments for patients in need." Amidst prise for other aspects, Greenwood noted BIO will continue to work with Administration "in pursuit of public policies that encourage investment in biotech innovation."

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