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BIO Submits Comments on Medicare CY 2020 Part D Draft Call Letter
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Human Health, Reimbursement & Access  •  Letters, Testimony & Comments  •  March 20, 2019
BIO supports CMS’ commitment to improving the quality and delivery of care in the MA and Part D programs. We believe it is critically important to ensure that policies in these programs advance patient access to timely and appropriate treatment, particularly for prescription drugs and vaccines. To that end, we provide comments in the following areas: The specialty tier is an outdated approach that presents risks for vulnerable beneficiaries and should be re-evaluated; Coinsurance in the Part D non-preferred drug tier can unduly limit access to care for patients with severe and complex diseases; Increased enforcement of nondiscrimination should be used when evaluating benefit design in the MA and Part D programs; MA and Part D plans should prioritize and increase access to vaccinations for Medicare beneficiaries; The timeframes and processes for formulary updates should support the inclusion of new therapies; CMS must go further in protecting beneficiaries enrolled in Medicare Advantage who may be subject to step therapy; CMS should mitigate the impact of the increase in the out-of-pocket (OOP) threshold for CY 2020; MA plans should have the flexibility to determine what constitutes a chronic condition for purposes of providing special supplemental benefits for the chronically ill; Additional flexibility in design of maximum OOP costs should be considered to assist beneficiaries; Drug tier labels should accurately reflect the tier’s composition; Inclusion of additional measures in the Star Ratings are critical to accurate assessment of patient care and quality; Access to innovative treatment options for pain and addiction should be prioritized as a part of addressing opioid overutilization in MA and Part D plans.
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BIO Applauds Bipartisan Senate Letter on U.S.-China Trade Negotiations
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Food & Farm Innovation  •  Press Release  •  March 14, 2019
BIO President and CEO Jim Greenwood today applauded a letter authored by Senators Pat Roberts (R-Kan.) and Debbie Stabenow (D-Mich.) to President Trump urging him to continue prioritizing in U.S.-China trade negotiations the need for China to commit to systemic change and implement a predictable, timely, transparent, and science-based biotech crop approval process. 
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BIO Applauds Trump Administration for Moving Closer to Fulfilling E15 Promise
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Sustainable Fuels, Renewable Fuel Standard (RFS)  •  Press Release  •  March 12, 2019
The Biotechnology Innovation Organization (BIO) released the following statement after the U.S. Environmental Protection Agency (EPA) announced its proposed rule allowing for the summertime use of E15 gasoline.
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BIO Urges Congress to Extend Biofuels Tax Incentives
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Sustainable Fuels, Renewable Fuel Standard (RFS)  •  Press Release  •  March 12, 2019
The Biotechnology Innovation Organization BIO today submitted the following statement for the record to the House Ways and Means Subcommittee on Select Revenue Measures urging Congress to retroactively extend the biofuels tax incentives that expired at the end of 2017. The subcommittee today held a hearing entitled “Temporary Policy in the Internal Revenue Code.”
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BIO Statement on President’s Proposed 2020 Budget
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Patient Advocacy, Cost & Value of Biopharmaceuticals  •  Press Release  •  March 11, 2019
Washington, DC (March 11, 2019) – Biotechnology Innovation Organization (BIO) President and CEO Jim Greenwood issued the following statement today regarding President Trump’s FY 2020 budget proposal:
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BIO Applauds FDA Action on AquAdvantage® Salmon
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Food & Farm Innovation  •  Press Release  •  March 8, 2019
The Biotechnology Innovation Organization (BIO) released the following statement on the action taken today by the U.S. Food & Drug Administration (FDA) which will allow AquaBounty Technologies, an American company, to commercialize its genetically engineered AquAdvantage® Salmon in the U.S. market.
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BIO Applauds Multi-Agency Framework for Advancing the Bioeconomy
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Food & Farm Innovation, Sustainable Fuels, Climate Change  •  Press Release  •  March 5, 2019
The Biotechnology Innovation Organization (BIO) today released the following statement in response to the release of The Bioeconomy Initiative: Implementation Framework, a multi-agency strategy aimed at accelerating innovative technologies that harness the nation’s biomass resources for affordable biofuels, bioproducts, and biopower:
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BIO Statement on Ambassador Lighthizer and Secretary Perdue Testimonies
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Food & Farm Innovation  •  Press Release  •  February 27, 2019
BIO President and CEO Jim Greenwood released the following statement on U.S. Trade Representative Robert Lighthizer’s testimony at a House Ways and Means Committee hearing on the U.S.-China trade deal and U.S. Secretary of Agriculture Sonny Perdue’s testimony at a House Agriculture Committee hearing on the state of the rural economy.  
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Treating Diseases With Cell Therapy
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Human Health, Disease Area  •  Toolkit  •  February 27, 2019
Gene therapies are being developed to treat multiple diseases, including hemophilia, inherited retinal diseases, and Huntington’s disease.
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Treating Genetic Diseases With Gene Therapy
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Human Health, Disease Area  •  Toolkit  •  February 27, 2019
Gene therapies are being developed to treat multiple diseases, including hemophilia, inherited retinal diseases, and Huntington’s disease.
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