Press Releases

"The ecosystem that allows America to develop groundbreaking new medicines is extremely important to our nation and to patients who depend on biotechnology companies. The recent actions by the FDIC, the Federal Reserve, and Treasury to allow SVB…

President Biden today unveiled details of the White House’s budget request that included drastic changes to the Medicare program, including further expanding the program’s new authority to institute price controls in Medicare. BIO Chief Advocacy…

A broad coalition of national and state agriculture and bioscience organizations have written President Biden to thank the administration for beginning technical consultations with Mexico concerning its action to ban imports of biotech corn. The…

The Biotechnology Innovation Organization appreciates that USDA and the Biden Administration are aiming to increase access to modern, innovative seeds. We are reviewing USDA’s report, “More and Better Choices for Farmers: Promoting Fair Competition…

The Biotechnology Innovation Organization welcomes today’s announcement by the Office of the U.S. Trade Representative that it is initiating a technical consultation with Mexico over that country’s plan to ban imports of biotech corn. “BIO applauds…

Spring 2023 Season Takes a Deep Dive Into Pain Therapies, Artificial Intelligence, FDA’s Accelerated Approvals, and Misinformation   Today, the Biotechnology Innovation Organization (BIO) premieres its new I am BIO podcast season, which tells…

The 29-part film takes audiences to the heart of era-defining biotechnology The Biotechnology Innovation Organization (BIO), today launched a 29-part film series, “Nature’s Building Blocks,” spotlighting the role of biotechnology in transforming…

HHS yesterday released three payment models for testing by CMS, which HHS believes will lower the cost of prescription drugs. BIO's Chief Policy Officer, John Murphy, made the following statement: "Today, the Department of Health and Human…

Mexico’s new decree creates more questions than answers. The decree still wrongly calls into question the safety of products of agricultural biotechnology for human consumption by creating a non-science-based distinction of corn used for food and…

Today, the Biotechnology Innovation Organization (BIO) released a new analysis showing that the current level of investment in new pain and addiction treatments is falling short of what is needed to combat the mounting public health crises. The…