Peter Young to Testify on BioShield

  • Contact: Stephanie Fischer
    202-531-3812 (cell)
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WASHINGTON, D.C. (April 5, 2006) – Peter F. Young, President and CEO of AlphaVax, Inc., will testify Thursday before the House Energy and Commerce Subcommittee on Health on behalf of the Biotechnology Industry Organization (BIO). The subcommittee hearing is entitled, “Project BioShield Reauthorization Issues.”

AlphaVax is a pre-revenue biotechnology company based in Research Park Triangle, North Carolina that is working to develop and commercialize a vaccine technology with broad potential in infectious disease and cancer, including specific NIH-funded programs for pandemic influenza and biodefense applications. Mr. Young’s testimony will highlight reforms needed to better engage biotechnology companies in biodefense and pandemic countermeasure development, such as the need for clear and predictable identification of countermeasure needs; strong leadership and effective coordination; and sufficient funding through the full development and acquisition processes.

When: Thursday, April 6, 2006 at 1 p.m.

Where: 2123 Rayburn House Office Building

The hearing is scheduled to be webcast. For more information, including a complete witness list and the link to view the hearing by webcast, please visit http://energycommerce.house.gov/108/Hearings/04062006hearing1833/hearing.htm .

BIO represents more than 1,100 biotechnology companies, academic institutions, state biotechnology centers and related organizations across the United States and 31 other nations. BIO members are involved in the research and development of healthcare, 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.