BIO Endorsement Letter for the Senate Health, Education, Labor and Pensions Committee Markup of the Food and Drug Administration Safety and Innovation Act (FDASIA)
On behalf of the Biotechnology Industry Organization (BIO), I am writing to express support for the Food and Drug Administration Safety and Innovation Act (FDASIA). I commend you for introducing this strong, bipartisan bill which will incentivize the development of lifesaving therapies for patients and strengthen America’s global leadership in biomedical innovation. In addition, I'd like to thank you for legislating in a bipartisan, inclusive fashion, soliciting feedback from stakeholders of every type. We look forward to passage of FDASIA at the HELP Committee, and commit to continuing to work with you in a collaborative fashion on remaining areas of interest, including the bill's funding mechanism to ensure budget neutrality and to address any specific concerns with the current language.