Funding

As Japan works to stabilize the crippled nuclear power plant in Fukushima, people are stocking up on potassium iodide tablets – one of the only drugs available to block the body's absorption of some radioactive materials.

The Massachusetts Life Sciences Center, which is tasked with administering the $1 billion state's life sciences initiative, has awarded five loans to start up companies, totaling $3.75 million.

Budget victories will help biotechnology in the Commonwealth

Industry leaders point out that biotech-enabled advanced biofuels spur job growth and reduce U.S. dependence on imported oil.

Dr. Ferstenberg discusses an innovative program to guide small emerging biotech companies and how women in biotech can accelerate their leadership within the industry.

Dr. Ferstenberg discusses an innovative program to guide small emerging biotech companies and how women in biotech can accelerate their leadership within the industry. 

New listing requirements for proposed market would give more biotech companies option of going public.

The government’s Qualifying Therapeutic Discovery Project Program is doing what it was intended to do, according to a recent survey of senior executives at small biotechnology companies.

Scientific American will release the third annual Worldview: A Global Biotechnology Perspective at this year’s BIO International Convention.  Created in partnership with BIO, the publication explores the diverse economic regions of the world, highlighting success stories, policy achievements, cutting-edge science and the unique challenges that lie ahead. This year’s report focuses on BRIC (Brazil, Russia, India and China) country efforts to build local biotechnology hubs. 

This backgrounder emphasizes the importance of strengthening the SBIR program to support bringing scientific innovation to the public.

The summary explains the criteria for investment companies, the process by which investment companies would apply and the manner in which the equity financing provided by the SBA could used.

The Department of Energy's Assistant Secretary Cathy Zoi announced funding of $24 million for three research groups addressing key hurdles in commercialization of algae at the 2010 World Congress.

The Department of Energy's Assistant Secretary Cathy Zoi announced funding of $24 million for three research groups addressing key hurdles in commercialization of algae at the 2010 World Congress.

Letters, Testimony & Comments

March 16 2012
On behalf of BIO and its more than 1,100 members, Jim Greenwood submitted a letter to Senate Majority Leader Harry Reid and Minority Leader Mitch McConnell in strong support of H.R. 3606, the Jumpstart Our Business Startups (JOBS) Act.
March 6 2012
William D. Waddill, Senior Vice President and Chief Financial Officer of OncoMed Pharmaceuticals highlights the importance of capital formation to encourage investment in the biotechnology industry and spur job growth across the country.
December 1 2011
On December 1, BIO submitted written testimony to the Senate Committee on Banking, Housing, and Urban Affairs on the importance of implementing policies that will spur job growth through capital formation while protecting investors.  
May 17 2011
BIO encourages Congress to support advanced biofuels and biobased products programs and initiatives during consideration of the Fiscal Year 2012 Energy & Water Appropriations bill. Industrial biotechnology is the key enabling technology that is causing a dramatic paradigm shift in the production of fuels and chemicals. By building modern biorefineries and using industrial biotechnology our nation could significantly reduce its dependence on foreign sources of oil.
May 12 2011
BIO respectfully supports the Administration's request for a total of $2.744 billion in budget authority for the FDA and support robust funding for key programs within the U.S. Department of Agriculture.

Press Releases

June 14 2012
Support Of Industry Underscores Pro-Business Commitment
June 6 2012
The report will be released at a Super Session, titled "International Leaders Share Their Worldview: Scientific American's Regional Bio-Innovation Scorecard."
December 6 2011
Washington, DC (December 6, 2011) – The Biotechnology Industry Organization (BIO) announces program topics planned for the BIO CEO & Investor Conference to be held February 13-14, 2012 at the Waldorf=Astoria in New York City, NY.
November 16 2011
"The most important return on investment from this initiative would be the creation of additional high-skill, high-wage jobs and an opportunity to retain the best and brightest students from Wisconsin's world-class universities," says Bryan Renk, Executive Director of BioForward.
November 2 2011
The Small Company Capital Formation Act (HR 1070) passed today by a vote of 421-1.