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How BIO blocked Trump’s plan to ration drugs in Medicare
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Good Day BIO Newsletter  •  January 19, 2021
Today, the last full day of the Trump administration, we take a closer look at the Most Favored Nation drug pricing scheme and what to expect in the coming days in D.C. We also have news from Twist Bioscience that could improve testing for the new COVID-19 variant. (885 words, 4 minutes, 25 seconds) Good Day BIO is off tomorrow, Wednesday, January 20, for Inauguration Day. We will resume publication on Thursday, January 21. Stay safe, D.C.
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BIO Applauds Incoming Administration's Decision Elevating Key White House Science Post to Cabinet-level Agency
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Press Release  •  January 16, 2021
President-elect Joe Biden announced on Friday a plan to make the White House Office of Science and Technology Policy a Cabinet-level agency. Dr. Michelle McMurry-Heath, president and CEO of the Biotechnology Innovation Organization (BIO), made the following remarks: “BIO, which represents scientists, researchers, and companies in the biotech and biopharma fields, remains committed to being the voice of science and the voice for science. True to this commitment, we applaud the Biden administration’s move to elevate the White House Office of Science and Technology Policy to a Cabinet-level position. “No matter your politics, we know one thing for certain: Science is real. Today, researchers are working tirelessly to end the current pandemic, discover the cures of tomorrow, combat climate change, fight food insecurity, and much more. “BIO looks forward to working with the incoming administration and Congress to ensure the importance of science is represented at all levels of government.”
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A third vaccine candidate with promising data
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Good Day BIO Newsletter  •  January 15, 2021
We’re ending the week with promising news from Johnson & Johnson and another look at the potential for biotechnology to boost our food supply and the economy. Enjoy the long weekend. (784 words, 3 minutes, 55 seconds) Good Day BIO is taking a break on Monday, January 18, in honor of Martin Luther King Jr. Day. We will resume publication on Tuesday, January 19.
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With mRNA, the future of medicine is here
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Good Day BIO Newsletter  •  January 14, 2021
With mRNA, the future of medicine is happening now. We have the details on Moderna’s mRNA vaccine announcement, as well as what we can do to reduce the risk of food insecurity in the face of climate change. (836 words, 4 minutes, 10 seconds)
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EPA decision creates more uncertainty for biofuels industry
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Good Day BIO Newsletter  •  January 13, 2021
Today, we take a closer look at the news that the EPA will issue more exemptions to the biofuels requirements—creating more uncertainty for the industry. We also update you on new vaccine distribution guidelines and where things stand in the vaccine race. (917 words, 4 minutes, 35 seconds)
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Trump Administration Move to Issue RFS Waivers "Beyond Egregious"
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Agriculture & Environment, Sustainable Fuels, Renewable Fuel Standard (RFS)  •  Press Release  •  January 12, 2021
Stephanie Batchelor, vice president of BIO's Industrial and Environmental Section, released the following statement in reaction to the Trump administration's move to issue Renewable Fuel Standard (RFS) waivers for the 2019 compliance year. “This action by the outgoing administration is beyond egregious. More than ever, as we look to improve the public health of our nation and build a 21st century green economy we must support the development of sustainable fuels to clean up our air and bring back jobs. BIO will work closely with the Biden administration and Congress to restore the integrity of the RFS and build off of this policy to establish a national low carbon fuel standard that will foster green energy breakthroughs and decarbonize transportation.”
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BIO pauses all political donations – plus, big biofuels news
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Good Day BIO Newsletter  •  January 12, 2021
In the wake of last week’s attack on the U.S. Capitol and democracy, BIO will put all political donations on hold while reassessing criteria for determining which candidates to financially support. Keep reading for the details. We also have biofuels news from the U.S. Supreme Court and several states, and a recap of yesterday’s WuXi Global Forum during JPM Week. (826 words, 4 minutes, 7 seconds)
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BIO Releases Statement Concerning Future Political Giving
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Business Development  •  Press Release  •  January 11, 2021
Dr. Michelle McMurry-Heath, president and CEO of the Biotechnology Innovation Organization (BIO), released the following statement on BIO's political contributions:   "As of today BIO will be pausing our political giving so we can reassess the criteria upon which we support political candidates in the future. As a membership organization we owe it to our members to hear their voices in this important decision.  "One of the five new strategic pillars that BIO announced last fall is to be the voice of and for science and at its core science is the search for truth based on evidence. So it is very concerning that some elected leaders last week chose to ignore facts and embrace widely discredited conspiracies which in part led to the horrific events at the Capitol. Our members take this seriously and so do we."
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BIO Statement on CMS' Approval of TennCare Medicaid Waiver
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Press Release  •  January 11, 2021
Dan Durham, Executive Vice President for Health Policy at the Biotechnology Innovation Organization, released the following statement regarding the recent decision by the Centers for Medicare and Medicaid Services (CMS) to approve the Tennessee Medicaid (TennCare) Section 1115 waiver demonstration: "We are extremely disappointed that CMS has chosen to approve a waiver demonstration that will put Tennessee Medicaid (TennCare) patients at risk. This dangerous decision will jeopardize access to critical medicines for some of our most vulnerable patients. BIO believes CMS does not have the legal authority to approve the waiver and closed formulary and we will work to protect patient access to the life-saving medicines they need.”
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Justice won’t challenge Most Favored Nation injunction
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Good Day BIO Newsletter  •  January 11, 2021
On Friday, the Justice Department decided not to challenge the injunction blocking the implementation of the “Most Favored Nation” drug reimbursement plan. We have the details and how we got here. We also explain what’s behind last year’s carbon emissions drop, and how you can meet new partners during JPM Week. (837 words, 4 minutes, 11 seconds)
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