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February 10, 2020
Greetings from the BIO CEO & Investor Conference in New York! Good Day BIO is on the scene to bring you the biggest news from the next two days. In the meantime, we have a big announcement, plus news on when you can expect POTUS to release his budget. (Hint: Today.)…

Greetings from the BIO CEO & Investor Conference in New York! Good Day BIO is on the scene to bring you the biggest news from the next two days. In the meantime, we have a big announcement, plus news on when you can expect POTUS to release his budget. (Hint: Today.) Keep an eye out for a Special Edition of GoodDay BIO tomorrow afternoon with an analysis from our policy experts. 

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Listen up

Get your earbuds ready, because we have big news: We’ve launched a podcast!

The details: Hosted by BIO CEO Jim Greenwood, BIO’s new podcast I AM BIO will showcase incredible biotech breakthroughs, the people they help, the problems they solve, and give you a chance to meet the politicians who can fast-track a better future—or stop it in its tracks.

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Really, another podcast? Yes—but it’s the only podcast at the intersection of biotechnology, politics, patients, and the planet. View the video promo here.

Episode #1: The First Dose. Meet 16-year-old Izzy Thorpe-Wall, who spoke to Jim the day before she took her first dose of BIO member Vertex’s stunning Cystic Fibrosis breakthrough treatment. The way she approaches her disease with such grace at such a young age will inspire you.

Episode #2: Superbuggin’. Yes, this episode’s a bit darker, offering a frightening look at antibiotic resistance and two nasty bugs plaguing people around the world: incurable gonorrhea and deadly hospital superbug C. diff. Yikes.

What they’re saying: “Resistance to [gonorrhea treatment] ceftriaxone has reached 5% globally, and in certain parts of the Far East it’s 25-30%. But the cupboard’s bare. There is no new drug,” said Glyn O. Edwards, CEO of Summit Therapeutics PLC.

On the bright side: Edwards’ company has discovered some breakthroughs to get around current antibiotic resistance in bad bacteria without killing the body’s good bacteria, and he explains why we need to incentivize antibiotic innovation and stop “starving” antibiotic companies of capital.

What’s ahead: Watch for the next episode on innovations in aviation biofuels, coming February 24—and later, we’ll talk about everything from gene therapies to bananas. 

Why it matters: Biotech innovation is threatened by price controls, unnecessarily burdensome regulations, and misinformation. We’re telling the stories of the people behind the science, and why we need policy that allows this innovation to flourish.

As they say in podcast world, rate, review, and subscribe at any of the following links: 

More News:

Reuters: U.S. renewable fuel credits double since court decision on refinery waivers
“U.S. renewable fuel prices have doubled since a U.S. appeals court in late January ruled that the Trump administration must reconsider three waivers it previously handed out to oil refineries that exempted them from biofuel blending laws.”

The New Republic: How ditching the Iowa caucus could remake the biofuels debate
“For decades, ethanol has been a true litmus test in the Hawkeye State…If Iowa loses its status as the first state to vote, it could give presidential candidates and other politicians a reprieve on the issue of ethanol—at least initially.”

STAT: In their own words, top 2020 Democratic candidates explain exactly how they’d lower drug prices
“Every single Democratic presidential candidate agrees that the federal government should take a far more aggressive approach to lowering drug prices—including letting Medicare negotiate drug prices. But beyond that plank, there are quite a few differences between the candidates when it comes to taking on the pharmaceutical industry.”

The Wall Street Journal: Trump to Propose $4.8 Trillion Budget With Big Safety-Net Cuts
"The White House proposes to cut spending by $4.4 trillion over a decade. Of that, it targets $2 trillion in savings from mandatory spending programs, including $130 billion from changes to Medicare prescription-drug pricing, $292 billion from safety-net cuts—such as work requirements for Medicaid and food stamps—and $70 billion from tightening eligibility access to disability benefits."

BIO Beltway Report

President Trump’s Monday: Speaking to U.S. Governors at the White House, lunch with Secretary of State Pompeo, and meeting with families of victims of the Parkland school shooting in the Oval Office. Then, he's off to Manchester, New Hampshire, for a campaign rally ahead of tomorrow's primary. He’s expected to release his budget today; watch for a special edition of Good Day BIO tomorrow afternoon (Tuesday) with takeaways from our policy analysts.

What’s Happening on Capitol Hill: The House and Senate are in session this week.

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