BIO PAC serves as a non-partisan, transparent fund that provides financial support to candidates who demonstrate support on issues vital to our members and the biotechnology industry overall. BIO PAC provides BIO and its member companies the opportunity to strengthen relationships with candidates and a greater ability to communicate BIO priorities and messages.
BIO PAC leverages BIO’s hundreds of members – many who do not have Washington D.C. offices or other representation – in helping candidates who support our agenda and priorities. In short, BIO PAC gives our members and the industry a strong, unified voice in Washington, D.C.
What is BIO PAC?
A political action committee (PAC) is a political committee that is able to make contributions to and expenditures on behalf of federal candidates and other political committees. PACs are created by sponsoring organizations (corporations, trade associations, labor organizations, etc.) that are prohibited from using their own treasury funds to make direct contributions to federal candidates.
BIO PAC is a multicandidate separate segregated fund created and operated by BIO. Contributions to BIO PAC, are held completely separate from BIO’s treasury.