BIO To Testify Before House Committees on Project BioShield

  • Contact: Kathy Stover
    (202) 962-9200
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WASHINGTON, D.C. (March 26, 2003) - J. Leighton Read, M.D., general partner of venture capital firm Alloy Ventures and former executive committee member of the Biotechnology Industry Organization (BIO), will testify on BIO’s behalf at a U.S. House of Representatives hearing on Project BioShield tomorrow, Thursday, March 27.

WHO: J. Leighton Read, M.D., general partner of Alloy Ventures and founder and former CEO of Aviron, a vaccine discovery and development company that merged with MedImmune in 2002 to become MedImmune Vaccines. Dr. Read served as a member of the BIO Executive Committee from 1997-2001.

WHAT: A joint hearing on the “Project BioShield Act of 2003” before the Health Subcommittee of the U.S. House of Representatives Energy and Commerce Committee and the Emergency Preparedness and Response Subcommittee of the House Select Committee on Homeland Security.

WHEN: Thursday, March 27, at 9:30 a.m.

WHERE: 2123 Rayburn Building

Read’s testimony will focus on the need to guarantee government procurement of bioterror countermeasures when research and development have proven successful and protect the biotech industry against product liability lawsuits associated with the use of biodefense products.

BIO represents more than 1,100 biotechnology companies, academic institutions, state biotechnology centers and related organizations in all 50 U.S. states. BIO members are involved in the research and development of health care, agricultural, industrial and environmental biotechnology products.

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About BIO
BIO is the world's largest trade association representing 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. BIOtechNOW is BIO's blog chronicling “innovations transforming our world” and the BIO Newsletter is the organization’s bi-weekly email newsletter. Subscribe to the BIO Newsletter.