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BIO Letter to Senate on Key Priorities for Fiscal Year 2023 Agriculture, Rural Development, FDA and Related Agencies Appropriations Act
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Agriculture & Environment  •  Letters, Testimony & Comments  •  May 4, 2022
BIO supports public policies centered on innovation to incentivize the adoption of cutting-edge technologies and practices to maintain America’s leadership and benefit our rural economies. Further, it is crucial that the government establish risk-proportionate, transparent regulations in a timely manner that spur biological innovations and biobased technologies while protecting health and the environment. As such, BIO urges the committee to actively support the following priorities as it develops the Fiscal Year 2023 (FY 2023) Agriculture, Rural Development, Food and Drug Administration and Related Agencies Appropriations Act:
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BIO Statement on New PDUFA Package
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Human Health  •  Press Release  •  May 4, 2022
The House Energy & Commerce Committee today unveiled a new package for the Prescription Drug User Fee Act (PDUFA). After the release, BIO’s Chief Science Officer, Cartier Esham, made the following remarks:  "For more than thirty years, the FDA user fee programs have shown tremendous results in delivering life-saving medicines to patients who urgently need them.  These agreements between the industry and FDA include important provisions to improve the use of real-world evidence, modernize, streamline, and diversify clinical trials, and ensure that the Agency has the resources necessary to support the world-leading innovation our companies bring to patients every day.    "While we are still analyzing the bill, we are pleased to see bipartisan support from the Energy & Commerce Committee for these critical public health programs.  We are further encouraged that the Committee recognizes the importance of a timely reauthorization and has worked together to develop a bill that will continue the shared goal of transforming and improving patients’ lives for years to come.  We look forward to working with the Committee on in the coming weeks to achieve that goal."
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Good Day BIO: Iowa increases E15 availability
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Good Day BIO Newsletter  •  May 4, 2022
Iowa passed a bill to increase availability of E15, a critical component of increasing our energy independence and addressing climate change. And it’s Tardive Dyskinesia Awareness Week—we explain what it is and why knowledge and R&D matter. (570 words, 2 minutes, 51 seconds)
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Good Day BIO: CMS will apply pharmacy price concessions at point of sale
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Good Day BIO Newsletter  •  May 3, 2022
Last week brought positive developments from CMS on reducing patients’ out-of-pocket spending, and BIO’s Dr. Michelle explains why investors should “take a fresh look” at biotech to meet ESG goals. Plus, the new episode of the I am BIO Podcast explores the impact of Alzheimer’s disease—and how biotechnology is offering hope (and possibly a vaccine). (704 words, 3 minutes, 31 seconds)
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Hope for Alzheimer's
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I am BIO Podcast  •  May 3, 2022
Alzheimer’s disease is a heartbreaking diagnosis and tragically there is no cure. But every day, researchers, scientists and the medical community are working to change that. In this episode, we speak with three guests who are fighting to bend the trajectory of Alzheimer’s disease and, in doing so, offering hope for the millions suffering from this devastating illness.
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Good Day BIO: USTR's Special 301 Report and a fertilizer crisis
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Good Day BIO Newsletter  •  May 2, 2022
A new week and a new month, with a look at USTR’s 2022 Special 301 Report (and BIO’s take on it) plus why farmers and investors are looking to biotech to help solve the fertilizer crisis. (685 words, 3 minutes, 25 seconds)
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BIO Statement on USTR Special 301 Report
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Intellectual Property, Patents  •  Press Release  •  April 29, 2022
 USTR this week released its 2022 Special 301 Report. BIO, after reviewing the report, released the following statement: We welcome USTR’s efforts to address IP-related concerns for U.S.-based biotech enterprises in China, especially concerning China’s coercive technology transfer policies, patent prosecution, and patent enforcement obstacles. USTR’s emphasis on monitoring China’s progress in implementing its Phase One Agreement commitments to address these longstanding IP matters is encouraging.  U.S.-based biotech companies are drivers of economic growth and stability. In addition to spearheading innovation in their respective sectors, they employ over 1.87 million workers within U.S. borders.  IP-enabled innovations contribute to the robust strength of the U.S. economy and propel the quintessentially American entrepreneurial spirit, which is the hallmark of the biotech sector. They further promote economic development across sectors and foster inclusive and high-paying jobs for American workers.  Strong and predictable IP systems also cultivate partnerships around the world, enhance knowledge sharing, support the entrepreneurial journey, and ultimately ensure that innovation is resourced and funded appropriately. This ensures technologies with the potential to deliver better care for patients and products for consumers around the world are developed. The current, unchecked deterioration of IP rights globally has significant medium- and long-term implications for the broader U.S. private sector and, consequently, for our nation’s economic interests.  Absent adequate IP protections, U.S. biotech companies are unable to innovate, invest, and create jobs in the United States. Strengthening the global policy environment for the commercialization of IP-enabled innovations should, therefore, be a priority for this Administration.   We are nevertheless disappointed with USTR’s decision to include support for waiving critical IP…
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Good Day BIO: Rep. Barragan calls CMS decision 'a mistake'
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Good Day BIO Newsletter  •  April 29, 2022
Ending the week with Rep. Barragán’s strong words yesterday about the CMS Aduhelm decision and BeiGene’s news about a state-of-the-art research facility in New Jersey. (524 words, 2 minutes, 37 seconds)
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BIO Letter to House Appropriations Committee on Priorities for Fiscal Year 2023 Interior, Environment, and Related Agencies Appropriations Act
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Agriculture & Environment  •  Letters, Testimony & Comments  •  April 28, 2022
BIO supports public policies centered on innovation to incentivize the adoption of cutting-edge technologies and practices and benefit rural economies. Further, it is crucial that the government establishes risk-proportionate, transparent regulations in a timely manner to maintain America’s global leadership in the life sciences while protecting health and the environment.
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BIO Letter to House Appropriations Committee on Priorities for Fiscal Year 2023 Energy and Water Development and Related Agencies Appropriations Act
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Agriculture & Environment  •  Letters, Testimony & Comments  •  April 28, 2022
The Biotechnology Innovation Organization (BIO) is the largest biotechnology trade association, representing approximately 1,000 biotechnology companies, academic institutions, state biotechnology centers and related organizations across the United States and in more than 30 other nations. Our members are working every day to solve the greatest challenges facing society—whether it is finding a cure for cancer, protecting the public against bio-terror threats, feeding hungry people nutritious food, or generating renewable fuels, renewable chemicals, and other biobased products. We support public policies, including government funding for key agencies and programs that unleash our members’ scientific innovation potential and grow the biobased economy. BIO members urge you to actively support the following priorities as you consider the Fiscal Year 2023 Energy and Water Development and Related Agencies Appropriations Act:
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