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BIO Announces New Leadership for Food and Agriculture Section Governing Board
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Press Release  •  July 29, 2020
Washington, D.C. (July 29, 2020) – The Food and Agriculture Section of the Biotechnology Innovation Organization (BIO) is pleased to announce the election of its new Board leadership. Sylvia Wulf, CEO of AquaBounty Technologies, Inc., and Brian Brazeau, President of Novozymes North America, were elected as the new Chair and Vice Chair, respectively, of BIO’s Food and Agriculture Section Governing Board. Wulf and Brazeau will also serve as BIO Executive Committee members for the 2020-2021 term. “I’m excited to welcome Sylvia and Brian to the leadership of BIO’s Food and Agriculture Section. They are highly experienced and respected individuals who are dedicated to moving biotech innovation forward,” said Dana O’Brien, Executive Vice President, Food and Agriculture Section. “Their companies represent the best of BIO’s diverse membership.” “Using biology to build resilient food and farming systems and a robust biobased economy is more critical now than ever before. COVID-19 continues shining a bright light on vulnerabilities we didn’t take time to imagine a few months ago,” said Wulf. “Access to basic human needs, such as food and healthcare, are threatened, and racial disparities are being painfully exposed. As chair of the Food and Agriculture Section, I will work with my peers and BIO to speed biotech innovations that improve the human condition.” “At Novozymes, we believe this century will be the age of biology. By using enzymes and microbial technologies in food and agriculture, we can increase efficiencies, reduce harmful emissions and energy use, and decrease the need for pesticides, without compromising performance or quality,” said Brazeau. “By further progressing bioinnovation in animal health, crop protection, and alternative proteins, the industry stands with an incredible opportunity to deliver solutions that match the emerging, global needs of the future.” The Food and Agriculture Section also welcomes Elena Rice, Chief Science Officer and Head of…
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BIO Joins Letter to FDA Commissioner on Clarifying Guidance for Plant Gene Editing
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Agriculture & Environment  •  Letters, Testimony & Comments  •  July 29, 2020
New innovations capable of advancing plant breeding, such as gene editing, have immense potential to improve agriculture and food production. Researchers are exploring genetic innovations aimed at increasing agricultural productivity; improving environmental sustainability outcomes; providing consumers safer and more nutritious products; and reducing food waste, among many other benefits. However, the future of many of these innovations relies on the existence of a science-based, risk-appropriate regulatory system – one that is consistent across domestic regulatory agencies and internationally – and does not impose unnecessary burdens to market access. FDA has a critical role to play in shaping this regulatory framework by clarifying the agency’s approach to plants derived from these new techniques under its 1992 guidance on Foods Derived from New Plant Varieties. To obtain an outcome that best supports regulatory consistency, we urge FDA to issue this clarifying guidance as expeditiously as possible.
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Making the case for small and emerging biotechs
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Good Day BIO Newsletter  •  July 29, 2020
With so much talk in the news about “big pharma,” it’s important to remember the small companies driving innovation in our industry. So, today, we’re dedicating our issue to the small and emerging biotechs researching solutions for COVID-19 and other global challenges—and what the government needs to do to support them. Here are 725 words, around 3 and a half minutes.
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It’s 5 AM on the coronavirus vaccine clock
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Good Day BIO Newsletter  •  July 28, 2020
As Moderna’s COVID-19 vaccine heads to Phase 3 clinical trials, USA Today has updated its “coronavirus clock” to give you an idea of when we might return to normal. We also explore new research on how to eliminate plastic waste—and how bioplastics are part of the solution. Here are 900 words, 4 and a half minutes.
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Join the BIO Member Diversity and Inclusion 2020 Survey
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2 things biotech investors need to know today
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Good Day BIO Newsletter  •  July 27, 2020
Following the announcement of sweeping drug price controls on Friday, Trump's kicking off the week with a visit to a biotech company (and BIO member) working on a COVID-19 vaccine. We've got the details below. We also look at two important issues for biotech investors: racial diversity and the SEC's new rules on proxy firms. Here are around 850 words, or 4 minutes, 15 seconds.
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What you need to know about Trump's executive orders on drug pricing
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Good Day BIO Newsletter  •  July 25, 2020
Yesterday, President Trump announced four potentially sweeping executive orders on prescription drug prices, including one that could impose foreign price controls that are more extreme than what the administration has proposed in the past. In this special Saturday edition of Good Day BIO, we take a look at what's in the executive orders and what you can expect to happen next, in about 540 words, under 3 minutes.
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What you need to know about Trump's executive orders on drug pricing
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Good Day BIO Newsletter  •  July 25, 2020
Yesterday, President Trump announced four potentially sweeping executive orders on prescription drug prices, including one that could impose foreign price controls that are more extreme than what the administration has proposed in the past. In this special Saturday edition of Good Day BIO, we take a look at what's in the executive orders and what you can expect to happen next, in about 540 words, under 3 minutes.
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BIO’s Dr. McMurry-Heath Warns Executive Order to “Cripple Small, Innovative Companies” Working to Eradicate COVID-19
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Press Release  •  July 24, 2020
Says biopharma researchers and scientists stand ready to support real solutions that will address patient drug costs, continue lifesaving science Dr. Michelle McMurry-Heath, the president and CEO of the Biotechnology Innovation Organization (BIO), released a statement today warning that an executive order to adopt foreign price controls on certain prescription medicines could “cripple” companies working to eradicate COVID-19 and lead to less patient access to lifesaving treatments. Dr. McMurry-Heath raised these and other concerns in a letter to President Trump, which urged the president to abandon any further implementation of the executive order imposing foreign price controls. Her full statement is below: “As the pandemic continues to worsen in the U.S., hitting more and more communities, the administration should be focused on doing everything it can to support those on the frontlines working to save lives, get our kids back to school and our economy back on track. While we strongly support today’s action to help reform a broken rebate system and ensure savings provided by drugmakers are passed along to patients, adopting foreign price controls by executive fiat will cripple the small, innovative companies developing the vaccines and therapies that will help end this pandemic and get the American people back to work.  "All across the country, there are scientists and researchers in our labs working day and night to end the COVID-19 pandemic. They are trying desperately to develop the scientific solutions we need to eradicate this devastating public health crisis. We will not overcome this pandemic or future ones if we seek short-sighted polices that adopt foreign price controls from systems that don’t value innovation, disrupt providers’ ability to deliver care and increase barriers to patient access. There is a reason that over half of all the science and drug development related to COVID-19 is coming from the U.S. “It is ironic, but perhaps not…
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Trump’s foreign drug price controls return
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Good Day BIO Newsletter  •  July 24, 2020
We’re starting the weekend with a win for BIO members: The Securities and Exchange Commission (SEC) voted to regulate proxy advisers more closely, meaning members will be able to fight back against corporate activists. We’ll dig into this more on Monday. In the meantime, we have breaking news on Trump’s plans to announce foreign price controls for prescription drugs, as well as a refresher on the Americans with Disabilities Act (ADA) ahead of the law’s 30th anniversary. And, since we’re at just about 100 days until the election, we have a special election update at the end. We’re clocking in at about 1,000 words, or 5 minutes.
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