BIO Sends Letter to President Trump on U.S.-China Trade & Biotech
December 18, 2018
BIO sent a letter to President Trump following his meeting with President Xi of the People’s Republic of China, welcoming the news the United States and China have begun talks to address important issues including forced technology transfer, intellectual property protection, and agriculture. BIO reminded President Trump of the need to resolve systemic barriers to China’s timely approvals of new agricultural biotechnology products, the approval of all pending products that have languished for years, and intellectual property rights protection of U.S. biomedical products are paramount to continued U.S. innovation, competitiveness, and export growth.
“Most favored nation is a deeply flawed proposal that would devastate our nation’s small- and mid-size biotech companies – the very companies that are the leading drivers of medical innovation in the United States and the cornerstone of America’s…
BIO sent a letter to President Trump following his meeting with President Xi of the People’s Republic of China, welcoming the news the United States and China have begun talks to address important issues including forced technology transfer, intellectual property protection, and agriculture. BIO reminded President Trump of the need to resolve systemic barriers to China’s timely approvals of new agricultural biotechnology products, the approval of all pending products that have languished for years, and intellectual property rights protection of U.S. biomedical products are paramount to continued U.S. innovation, competitiveness, and export growth.