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Two big things for biotech trade and investment
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Good Day BIO Newsletter  •  January 16, 2020
Some positive news today for the future of biotech trade and investment. First, the United States and China signed the “phase one” agreement, and we have details on what it means for biotech. Then, we take a look at the final CFIUS regulations, which, thanks to our advocacy work, turned out to be much better for the industry and our ability to attract investment in new cures. Here are 771 words, which you can read in 3 minutes, 51 seconds.
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China Phase I Agreement Represents Important Step Towards Addressing Biotech Issues
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Press Release  •  January 15, 2020
Washington, D.C. (January 15, 2020) – BIO President and CEO Jim Greenwood released the following statement today regarding the signing of Phase One of the trade agreement with China: “Trade issues with China have long been a priority for BIO and our members. We appreciate the Administration’s hard work and leadership and welcome the completion of this important first phase of the agreement. “We are currently reviewing the details, but we are pleased to see important commitments for agricultural biotechnology, biopharmaceuticals, and GM microorganisms, in addition to commitments related to forced technology transfer and intellectual property. We look forward to working closely with the Administration to monitor the implementation and enforcement of these provisions.  “Completion of the phase-one agreement is an important first step.  More work is needed as we move to the next phase of this important negotiation. Our trade relationship with China is vital for America’s farmers, our scientists and our entrepreneurs. We must build on this momentum to ensure we have the type of 21st Century agreement with China that is balanced, enforceable and reflective of key sectors of America’s economy and our future.” 
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What they're talking about at JPM: costs, cures, and a big election
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Good Day BIO Newsletter  •  January 15, 2020
Today’s the day: Trump and China’s Vice Premier Liu will meet in Washington to ostensibly sign the phase one trade deal. We’ll have more tomorrow on what exactly it means…but no, the trade war’s not over yet.Until then, we’ve got news from JPM in San Francisco as well as a new report about the importance of a strong bioeconomy, in 732 words, or 3 minutes, 39 seconds.
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Finger pointing won't lower health care costs
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Good Day BIO Newsletter  •  January 14, 2020
Sen. Cory Booker’s out of the presidential race as Democrats prepare for the seventh debate tonight in Iowa, which is expected to be a showdown between the two factions in the party, with Medicare for All likely to be an important dividing line. But first, we dug into new data to find the real reason why out-of-pocket costs are going up, plus we’ve got news on the EPA’s biofuels policy, in 792 words, or 3 minutes, 57 seconds.
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Office of New Drugs: BIO Comments on Promoting Effective Drug Development Programs: Opportunities and Priorities for the Food and Drug Administration's Office of New Drugs
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Human Health  •  Letters, Testimony & Comments  •  January 10, 2020
January 7, 2020 Re: Docket No. FDA–2019-N-3453: Promoting Effective Drug Development Programs: Opportunities and Priorities for the Food and Drug Administration's Office of New Drugs Dear Sir/Madam: The Biotechnology Innovation Organization (BIO) thanks the Food and Drug Administration (FDA) for the opportunity to submit comments following the FDA public meeting on Promoting Effective Drug Development Programs: Opportunities and Priorities for the Food and Drug Administration's Office of New Drugs. BIO is the world's largest trade association representing biotechnology companies, academic institutions, state biotechnology centers and related organizations across the United States and in more than 30 other nations. BIO’s members develop medical products and technologies to treat patients afflicted with serious diseases, to delay the onset of these diseases, or to prevent them in the first place. BIO appreciates the Agency’s efforts to seek input from stakeholders on actionable policy suggestions that could be implemented in the near-term by the staff of the Center for Drug Evaluation and Research's (CDER's) Office of New Drugs (OND) to promote effective drug development programs without compromising regulatory standards for the assessment of safety and effectiveness. It is through discussions such as these that various stakeholders can work together to identify challenges and barriers as well as potential solutions for making drug development and review more efficient, with the shared goal of bringing safe, effective, and high-quality medicines to patients in a timely manner. BIO has included in this letter several specific recommendations for CDER on how to promote effective drug development programs. We note that the FDA has indicated that  topics such as real world evidence (RWE) and patient focused drug development (PFDD) are out of scope for the purposes of the public meeting and docket response, however, both of these topics have an integral role…
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Clinical Outcomes and Endpoints: BIO Comments on Standard Core Sets: Clinical Outcome Assessments (COAs) and Endpoints Grant Program
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Human Health  •  Letters, Testimony & Comments  •  January 10, 2020
January 4, 2020 Re: Docket No. FDA–2019-N-5157: 2019 Public Meeting on Center for Drug Evaluation and Research Standard Core Sets: Clinical Outcome Assessments and Endpoints Grant Program. Dear Sir/Madam: The Biotechnology Innovation Organization (BIO) thanks Food and Drug Administration (FDA or Agency) for the opportunity to submit comments following the 2019 Public Meeting on Standard Core Sets: Clinical Outcome Assessments (COAs) and Endpoints Grant Program. BIO is the world's largest trade association representing biotechnology companies, academic institutions, state biotechnology centers and related organizations across the United States and in more than 30 other nations. BIO members are involved in the research and development of innovative healthcare, agricultural, industrial, and environmental biotechnology products. BIO commends FDA for its work to coordinate a pilot grant program with the goal of developing publicly available standard core set(s) of COAs and their related endpoints for specific disease indications. BIO appreciates that FDA held the public meeting on December 5, 2019 and sought feedback from various stakeholders through the docket following the public meeting.  BIO provides additional comments regarding considerations for rigorously developed, fit-for-purpose core COAs and active engagement of patients throughout core set development; development of COAs and endpoints to assess physical/functional status; transparency and communication among stakeholders; global use of COAs; evaluating exiting tools; maintenance of COAs; and selection of disease areas to develop COAs in the future.
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Washington State’s Clean Fuels Program Takes to the Skies with Alaska Airlines
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Agriculture & Environment, Sustainable Fuels, Climate Change  •  Press Release  •  January 10, 2020
Today, the Sustainable Aviation Fuels (SAF) Producers Group together with the Biotechnology Innovation Organization (BIO) and the Low Carbon Fuels Coalition (LCFC) issued the following statement commending Alaska Airlines’ support for including sustainable aviation fuels on an opt-in basis in Washington’s proposed Clean Fuels Program: “Alaska Airlines’ support of Washington’s low carbon fuel legislation signals that transportation companies who look to the future are embracing renewable fuel policy. Alaska is the dominant carrier at the rapidly expanding Sea-Tac Airport and has been at the forefront of utilizing sustainable aviation fuel to lower carbon emissions. Standing with Governor Inslee, Climate Solutions, the American Lung Association, and the Auto Alliance, the aviation industry is working to decarbonize the skies.” As well as ushering in a new generation of sustainable aviation fuels, biotechnology is generating green breakthroughs in all modes of transportation. The SAF Producer Group is made up of the world's leading producers and developers of sustainable aviation fuels, including Fulcrum, Gevo, Neste, Red Rock, Velocys and World Energy. In November 2019, BIO and the LCFC announced a joint initiative to drive adoption of renewable fuel policies in states, such as the legislation introduced by Rep. Joe Fitzgibbon. The transportation sector leads all others in greenhouse gas emissions and clean fuel programs are a proven driver in decarbonizing transportation. Since implementing its comparable low carbon fuel standard in 2011, California has prevented over 50 million tons of carbon pollution from being emitted. The state’s program has also increased the clean fuels market by $2.8 billion, benefiting largely rural communities where the feedstocks are grown, and biofuels are produced.  For more information on the Low Carbon Fuels Coalition, visit lcfcoalition.com.
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What this “market-changing deal” means for patients and cures
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Good Day BIO Newsletter  •  January 10, 2020
Thanks for joining us for the GoodDay BIO official launch week! Have feedback or suggestions? Send us a note.Before you start the weekend, we’ve got the details on two interesting new partnerships: one with huge implications for drug manufacturers, pharmacies, and PBMs, and another using pork waste to produce renewable biofuel, in 728 words, or 3 minutes, 39 seconds.
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Your move, China
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Good Day BIO Newsletter  •  January 9, 2020
The U.S. death rate from cancer fell 2.2% from 2016-2017—the biggest drop ever, reports the American Cancer Society. We’re celebrating biotech’s work to transform how we treat and cure deadly diseases and save lives—including the fierce RBG, who just announced she’s cancer-free after being treated for pancreatic cancer. Today, we've also got news from China on trade and the biotech approvals process, as well as a new commitment to patients by small and medium-sized biopharma companies, in 892 words, or 4 minutes, 27 seconds.
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An amazing medical breakthrough—and a warning
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Good Day BIO Newsletter  •  January 9, 2020
We’re in San Francisco for the 38th J.P.Morgan Healthcare Conference. If you’re attending, be sure to check out the BIO One-on-One Partnering™ System, or our meeting space at the San Francisco Marriott. You can also utilize the most comprehensive guide to events (and receptions) taking place around JPM Week, BIO Compass. We'll be sharing insights from the event throughout the week so stay tuned. Meanwhile, today we’re looking at how policy could affect future groundbreaking cures and whether Washington State will implement a much-needed clean fuel standard, in 881 words, or 4 minutes, 24 seconds.
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