Press Releases

The Therapeutic Discovery Project (TDP) was enacted in 2010 to provide bridge financing to small biotechnology companies conducting groundbreaking research. The program awarded $1 billion in credits and grants to nearly 3,000 biotech companies, creating jobs, bolstering U.S. competitiveness, and advancing the search for cures and breakthrough medicines. BIO supports extending and expanding this important program.

December 19 2011

Extension of cellulosic biofuel tax credits now and eligibility for algae biofuels are needed...

September 19 2011

  The Biotechnology Industry Organization (BIO) today announced the preliminary set...

May 25 2011

BIO commends Reps. Davis (D-Ca) and Schwartz (D-PA) for their continued efforts to extend the...

May 4 2011

BIO announces selection of Congressman Fred Upton (R-MI) as Legislator of the Year for 2010 -...

May 4 2011

BIO announced today its selection of Senator Bob Casey (D-PA) as Legislator of the Year for...

May 4 2011

BIO announces its selection of Representative David E. Price (D-NC) as Legislator of the Year...

May 4 2011

BIO announces its selection of Michael Capuano (D-MA) as Legislator of the Year for 2010 -...

May 4 2011

The Biotechnology Industry Organization (BIO) announced today its selection of Representative...

February 11 2011

According to a new survey of CEOs of small biotech firms that received Therapeutic Discovery...

January 26 2011

BIO's commends President Obama for highlighting the need to increase our nation...

Letters, Testimony & Comments

April 1 2011
Re: Request for Comments on the Strategy for American Innovation Subject: Innovation Strategy RFI Email: competitiveness@doc.gov Dear...
August 3 2010
SECTION 1. PURPOSE This notice establishes the qualifying therapeutic discovery project program under § 48D of the Internal...
August 3 2010
BIO advocated for the recently enacted new Therapeutic Discovery Project Credit program, which was created as a unique opportunity for...
November 19 2009
As Congress considered healthcare reform patient advocacy groups submitted a letter to Congressional leadership asking for their support...

Press Releases

February 15 2012
Washington, DC (February 15, 2012) – Today, the Biotechnology Industry Organization (BIO) praised Sen. Kay...
December 19 2011
Extension of cellulosic biofuel tax credits now and eligibility for algae biofuels are needed to help companies raise...
September 19 2011
WASHINGTON, DC – (September 19, 2011) – The Biotechnology Industry Organization (BIO) today announced the...
May 25 2011
WASHINGTON, D.C. (Wednesday, May 25, 2011) - Biotechnology Industry Organization (BIO) President and CEO Jim...
May 4 2011
WASHINGTON, D.C. (Tuesday, May 04, 2011) - The Biotechnology Industry Organization (BIO) announced today its...