BIO Members to Receive Shipping Discounts

WASHINGTON, D.C. (Monday, November 22, 2010) - The Biotechnology Industry Organization (BIO) announced today that it will offer its member companies discounts of up to 35 percent on select FedEx services through an alliance with the global transportation company.

“Because of the FedEx reputation for reliability, service and value, as well as its specialized services tailored to fit the unique shipping needs of biotechnology and other life science companies, we are pleased to offer discounts to our members on select FedEx transportation services,” noted Jim Greenwood, BIO President and CEO.  “With capital markets frozen during these uncertain economic ties, biotech companies are looking for ways to be more capital efficient.  BIO’s discount program with FedEx and the other cost-savings program offered through the BIO Business Solutions® program help our member companies nationwide stretch their capital further.”

The BIO program with FedEx offers price reductions on select FedEx services, including FedEx Express®, FedEx Ground®, and FedEx Home Delivery®.  All BIO members are eligible to utilize the BIO program with FedEx. 

BIO’s cost-savings program, BIO Business Solutions®, also offers members discounted pricing and special benefits on products and services such as laboratory supplies, business insurance, news distribution services, and pre-owned lab equipment.

In addition to BIO members, many state and regional biotechnology associations have partnered with BIO to offer their members the benefits of the BIO Business Solutions program.

Learn more about BIO Business Solutions and the FedEx alliance at www.bio.org/bbs/fedex.

FedEx, a leader in global shipping services, ships anywhere in the U.S. as well as to more than 220 countries and territories around the world.  Learn more about FedEx at www.fedex.com.

Upcoming BIO Events

Pacific Rim Summit on Industrial Biotechnology and Bioenergy
December 11-14, 2010
Honolulu, HI 

BIO Asia International Partnering Conference
January 24-25, 2011
Tokyo, Japan

BIO CEO & Investor Conference
February 14-15, 2011
New York, NY

BIO-Europe Spring 2011
March 14-16, 2011
Milan, Italy

BIO Intellectual Property Counsels Committee Spring Conference and Committee Meeting
April 13-15, 2011
Seattle, WA

BIO International Convention
June 27-30, 2011
Washington, DC

About BIO

BIO represents more than 1,100 biotechnology companies, academic institutions, state biotechnology centers and related organizations across the United States and in more than 30 other nations. BIO members are involved in the research and development of innovative healthcare, agricultural, industrial and environmental biotechnology products. BIO also produces the BIO International Convention, the world’s largest gathering of the biotechnology industry, along with industry-leading investor and partnering meetings held around the world. BIO produces BIOtechNow, an online portal and monthly newsletter chronicling “innovations transforming our world.” Subscribe to BIOtechNow.