Happy 40th, Bayh-Dole!

December 14, 2020
It’s a happy Monday indeed with Pfizer-BioNTech vaccine doses on their way to every U.S. state and territory. Meanwhile, ICYMI in the midst of all the vaccine excitement, Bayh-Dole turned 40 and Congress passed the defense spending bill with a boost for the bioeconomy…
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It’s a happy Monday indeed with Pfizer-BioNTech vaccine doses on their way to every U.S. state and territory. Meanwhile, ICYMI in the midst of all the vaccine excitement, Bayh-Dole turned 40 and Congress passed the defense spending bill with a boost for the bioeconomy. (1,000 words, 5 minutes)

 
Visit www.COVIDVaccineFacts.org to find out how vaccines are developed.
 
 

Congratulations to BIO member Pfizer on being the first biopharmaceutical company to have a COVID-19 vaccine authorized for emergency use in the U.S.!

While there’s more work ahead, today we celebrate the historic achievement—which couldn’t have happened without the tireless work and unprecedented collaboration by innovative scientists and leaders. 

Do you have questions about the vaccine development process? Visit www.COVIDVaccineFacts.org.

Pfizer and BioNTech are the first—but we know they won’t be the last. Learn what else is in the COVID-19 pipeline at BIO’s COVID-19 Therapeutic Development Tracker

 
 
 
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Happy 40th, Bayh-Dole!

 
 

The Bayh-Dole Act turned 40 on Saturday. Here’s what to know about the landmark 1980 law—and how it’s fostering biomedical innovation.

In a nutshell, the bipartisan Patent and Trademark Law Amendments Act (a.k.a. Bayh-Dole):

  • Empowers universities, small businesses, and non-profit institutions to take ownership of inventions made with federally funded research, so they can license these inventions for further applied R&D and broader public use.
  • Encourages the private-sector investment needed to turn basic government-funded biomedical research into tested and approved products that benefit patients, requires these products to be manufactured domestically, and ensures royalties for universities to further advance basic research and education.

Just look at the numbers: “Bayh-Dole has spurred 13,000 startups, resulted in more than 100,000 new patents, and led to the disclosure of more than 420,000 inventions just from 1996-2017,” reported Bloomberg Law—as well as some 300 drugs on the market.  

And the law is more important than ever during the COVID-19 pandemic, as it “helped set the stage for the public-private partnerships that are essential to developing a vaccine and effective treatments against the novel coronavirus,” explained the law’s co-author Sen. Bob Dole (R-KS) in Roll Call

Drug manufacturers are pouring billions of dollars into turning basic science from federally funded research into potential vaccines, treatments, and diagnostics, as we’ve explained

But some want the federal government to wrongly use it to “march in” and seize the patents on these drugs, sending “a chilling message to companies in every industry—don’t bother investing billions of R&D dollars to turn federally funded inventions into real-life, market-ready products, since the government will just steal the fruit of your labor,” wrote David Winwood, an expert in university technology transfer, in The Washington Times

Laws and protections like Bayh-Dole have helped us “live healthier, more prosperous lives,” concluded Winwood. “We should nurture this innovation—not squash it by inappropriate use of march-in rights.”  

For more information on Bayh-Dole and why it matters, visit bayhdole40.org or check out our infographic.

 

More Health Care News: 

Bloomberg: First COVID vaccines’ triumph raises hope for cancer fight
“‘We are now entering the age of mRNA therapeutics,’ said Derrick Rossi, a former Harvard University stem-cell biologist who helped found Moderna in 2010.”

 
 
 
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What’s in the NDAA

 
 

Congress passed the defense spending bill last week with language that would boost sustainable chemistry research and the bioeconomy. Details below.

Congress passed the FY2021 National Defense Authorization Act (NDAA)by 335-78 in the House on Tuesday, and 84-13 in the Senate on Friday

The NDAA includes language based on the Sustainable Chemistry Research and Development Act (H.R. 2051/S. 999), which would establish a national framework to support research, development, demonstration, technology transfer, and commercialization of sustainable chemistry technologies. (It’s section 261/page 293 of the monster bill.)

What is sustainable chemistry? “Sustainable chemistry, also known as green chemistry, is focused on conserving resources and minimizing the generation and use of hazardous substances in chemical processes,” explained Green Car Congress

BIO has been working to advance this bill over the past year. We supported the efforts by Sen. Chris Coons (D-DE) and Rep. Mikie Sherrill (D-NJ) to add the language to the NDAA in the summer

What’s next? President Trump said he would veto the $740 billion bill, but it passed with a veto-proof majority. However: “Multiple House lawmakers, including the top Democrat and Republican on the House Armed Services Committee, however, have said they will cut their holiday short if necessary for Congress to return to Washington to override a veto,” reports CNN

Stephanie’s Sage Words: Clean energy, green manufacturing, and agricultural innovation play a critical role in mitigating climate change, protecting human health, and bolstering a biobased economy. Pro-innovation policies and technologies will help expand American leadership in this space, reduce our dependence on foreign sources of supply and demand, and reinvigorate rural and other economically struggling communities across the United States. – Stephanie Batchelor, VP of BIO’s Industrial and Environment Section



More Agriculture and Environment News:

Interesting Engineering: Scientists engineer tomatoes to synthesize Parkinson’s disease drug
“Researchers led by a John Innes Centre team have now produced a tomato enriched in the Parkinson’s disease drug L-DOPA that could not only be used in developing nations where access to drugs is restricted but could also be useful for those who suffer adverse side effects from the medication.”

 
 
 
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BIO Digital 2021
 
 

It's our moment. 

You're invited to join us for BIO Digital 2021, the world’s largest virtual biotech partnering and education event, for an extended week of new connections and partnerships, June 10-11 and June 14-17, 2021.

Join us as we inspire a bio-revolution through education, partnering, collaboration, and advocacy.

Learn more and register now at www.bio.org/bio-digital.

 
 
 
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BIO Beltway Report
BIO Beltway Report
 
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President Trump’s Monday: Lunch with the vice president, then signing an executive order on increasing economic and geographic mobility.

President-elect Biden’s Monday: The Electoral College meets today to formally cast the vote for President-elect Joe Biden. CNN has an explainer.

What’s Happening on Capitol Hill:Congress passed a one-week stopgap funding bill on Friday, giving them until the end of this week to pass a budget and coronavirus relief. “Bipartisan group expected to offer two-part coronavirus relief package,” reports POLITICO.

 
 
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