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BIO Statement on Passage of Bipartisan Appropriations Package
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Press Release  •  February 3, 2026
WASHINGTON, D.C. –  John F. Crowley, President and CEO of the Biotechnology Innovation Organization (BIO) released the following statement.“The passage of the Mikaela Naylon Give Kids a Chance Act is a bipartisan victory for children and families living with rare diseases. We thank the bill’s House and Senate cosponsors and the countless patient advocates for their unwavering commitment to reauthorizing the Pediatric Priority Review (PPRV) program and to ensuring this bill crossed the finish line. The PPRV program provides critical incentives for rare disease research, and its reauthorization provides stability and confidence for biotech innovators who are leading the way in the discovery of breakthrough treatments.”“For more than a decade, the PPRV program has incentivized the development of treatments for rare pediatric diseases at no cost to taxpayers, providing hope for families affected by devastating conditions who often previously had no options.  We thank Senators Mullin (R-OK) and Bennet (D-CO), Reps. McCaul (R-TX), Dingell (D-MI), Bilirakis (R-FL), Schrier (D-WA), Harshbarger (R-TN), Matsui (D-CA), Crenshaw (R-TX), Castor (D-FL), Weber (R-TX), and Trahan (D-MA) for their leadership on the bill.”“This funding package also takes important first steps to rein in Pharmacy Benefit Managers (PBMs). For too long, these middlemen have driven up costs for patients, pocketing savings for themselves rather than passing them on. We look forward to continuing to work with Congress and the Administration to realize a 21st-century vision for healthcare access and affordability for American families. It is time to simplify our health care system, cut out the middlemen, and reduce out-of-pocket costs for patients.”###About the Biotechnology Innovation Organization (BIO)BIO is the premier biotechnology advocacy organization representing biotech companies, industry leaders, and state biotech associations in the United States and more than 35 countries around the…
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BIO Appoints Joe Franklin, JD, PhD, as Chief Legal and Policy Officer
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Press Release  •  February 2, 2026
Washington, D.C. (February 2, 2026) -- The Biotechnology Innovation Organization (BIO) today named Joe Franklin, JD, PhD, as its new chief legal and policy officer. Franklin brings deep expertise in the biomedical sector across law, policy, AI, and digital health. As a member of BIO’s senior executive team, he will lead the organization’s legal function and oversee key policy priorities, including access and reimbursement, intellectual property, and national security and international affairs."With Joe’s deep expertise in emerging biomedical technologies, and the deployment of artificial intelligence in healthcare and biopharma, we’ve added a great policy and legal mind to our team,” said John F. Crowley, President & CEO of the Biotechnology Innovation Organization (BIO). “Getting the policy and legal environment right is critical to the long-term success of America’s biotechnology industry. Joe’s appointment further strengthens BIO’s commitment to innovators, scientists, patients, and investors working on the cutting edge of health care today to advance breakthroughs and improve lives. We are thrilled to have him on board.”Franklin joins BIO from Covington & Burling, LLP, where he played an active role in the firm’s life sciences and artificial intelligence practices. His clients included large and small companies in the biopharma and tech sectors, as well as investors and trade associations. Previously, Joe was Chief Counsel for Regulatory and Strategic Affairs at Verily, Alphabet’s precision health company. Over nearly a decade at FDA, Franklin held several leadership positions and advised the agency’s drugs and biologics centers on a range of legal issues. Joe supported the White House COVID-19 response and liaised between FDA and Capitol Hill on complex regulatory policy issues, including biosimilars and the Prescription Drug User Fee Act (PDUFA).In addition to providing strategic and operational management of BIO’s legal and policy priorities, Joe…
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House eyes PBM reform, PPRV
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Bio.News  •  February 2, 2026
BIO urges Congress to take concrete steps to strengthen U.S. biotechnology leadership. Plus, PPRV reauthorization and PBM reform return to the House for consideration. (872 words, 4 minutes, 21 seconds)
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BIO Business Solutions

America's Innovation Engine: The Power of Small and Mid-Sized Biotechs
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Human Health, Biotech Basics  •  Toolkit  •  January 27, 2026
Lifesaving treatments emerge from a vibrant ecosystem that includes university research, federal investment, small biotech laboratories, and larger pharmaceutical partners.Small and mid-sized biotech companies play a pivotal role by transforming early-stage scientific discoveries into breakthrough therapies for cancer, rare diseases, and chronic conditions. Their high-risk, high-reward work fuels America's world-leading biotech sector.
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Ride the Wave of Opportunity: Your BIO Partnering™ Guide for Meetings in Miami
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Webinars  •  January 27, 2026
Get ready to take your business development strategy from the boardroom to the beach at the BIO Investment & Growth Summit, happening March 2–3, 2026, in sunny Miami Beach!Before you pack your sunglasses, join this lively walkthrough of the BIO Partnering™ system—your essential tool for connecting with investors, innovators, and dealmakers who can take your company to the next level.In this session, you’ll learn how to:- Craft a standout partnering profile that catches attention- Search for and identify high-value partners and investors- Send targeted meeting requests that lead to real opportunities- Manage your schedule so you can focus on making deals and maybe catch a few rays)- Don’t miss this chance to ride the wave of opportunity and arrive in Miami ready to make the most of every meeting.
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PBMs a big topic in insurance hearings
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Bio.News  •  January 26, 2026
Lawmakers hone in on PBM problems. More good news about vaccines. (890 words, 4 minutes, 27 seconds)
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BIO's Priorities
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BIO is committed to speaking up for the millions of families around the world who depend upon our success. 
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MFN would threaten US biotech leadership
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Bio.News  •  January 20, 2026
An MFN proposal misses the mark. Plus, measles and flu rage while vaccination declines. (992 words, 4 minutes, 57 seconds)
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