Placeholder Banner

BIO Commends Signing of the United States-Mexico-Canada Agreement

November 30, 2018

Washington, D.C. (November 30, 2018) – Biotechnology Innovation Organization (BIO) President & CEO James C. Greenwood today issued the following statement on the United States-Mexico-Canada Agreement (USMCA):

“The signing of today’s trade agreement has effectively prioritized biotechnology innovation across North America by updating intellectual property protections and agricultural market access to 21st century standards. The USMCA is a major step towards bringing Mexico and Canada closer to the standards that has made the United States the world leader in biotechnology innovation.

“Strong and dependable intellectual property standards are critical to fueling innovation, attracting investment, and ensuring that patients, farmers, and consumers around the globe have access to the next generation of biotechnology breakthroughs. Thanks to the Trump Administration’s leadership, the United States and our neighboring countries will continue to drive global innovation, ingenuity and ground-breaking science.”

###

Discover More
Most Americans Recognize that Biotech Is ‘Climate Tech’ A new poll from the Biotechnology Innovation Organization (BIO) shows that majorities of Americans agree that biotech plays an important role in addressing climate change and federal…
The White House just announced plans to use Bayh-Dole “march-in rights” to step in and license patent rights of drugs “developed with federal funding” to other manufacturers when the price of the drug is deemed too high. BIO's Chief Advocacy Officer…
Today, the Biotechnology Innovation Organization released a poll that shows voters overwhelmingly support the ORPHAN Cures Act, a recently introduced bill that would incentivize rare disease drug development.   The…