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Massachusetts Governor Charlie Baker Presented 2018 BIO Governor of the Year Award
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Press Release  •  June 5, 2018
Boston, MA (June 5, 2018) –  The Biotechnology Innovation Organization (BIO) today presented Massachusetts Governor Charlie Baker with its 2018 Governor of the Year award in recognition of his leadership and commitment to strengthening the bioscience industry within Massachusetts. Governor Baker received the award in conjunction with the 2018 BIO International Convention.“The Commonwealth’s life sciences sector is successful because of strong partnerships between state and local government, industry partners and Massachusetts’ leading colleges and universities,” said Governor Charlie Baker. “I am honored to receive this acknowledgement of our administration’s commitment to playing a role in further expanding the industry and we look forward to continuing this collaborative work to ensure Massachusetts remains a leader in the life sciences.”“Governor Baker has been an exemplary leader in enhancing Massachusetts’ world class biotech hub through strong support for economic development policies that benefit a pro-jobs and pro-biotechnology environment,” said Jim Greenwood, President and CEO of BIO. “His support of programs such as tax incentives and capital investments benefit early-stage companies and are powerful tools for attracting and supporting industry growth. The Governor’s leadership in this field will continue to benefit Massachusetts, in terms of jobs and innovation, for years to come.” “Governor Baker and his Administration are true partners to the life sciences. Under his leadership, best exemplified by his filing of the five-year, $500 million next-phase of life sciences initiative, our industry continues to grow across the state as one of the biggest economic drivers for the Massachusetts economy,” said Robert K. Coughlin, President & CEO of MassBio. “What’s most impressive is his understanding of all facets of the sector – from R&D to biomanufacturing to digital health – and his knowledge of what the state must do to…
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BIO Elects New Board Directors and Section Governing Board Chairs
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Press Release  •  June 5, 2018
Boston, MA (June 5, 2018) – The Biotechnology Innovation Organization (BIO) is pleased to announce the election of 11 new board directors and several new section governing board chairs and vice chairs at the 2018 BIO International Convention.
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National Bioscience Industry Report Shows $2T Economic Impact, Accelerated Venture Capital Investment & Job Growth
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Biotechnology Jobs Report, Council for State Biotechnology Associations (CSBA)  •  Press Release  •  June 5, 2018
A study released today at the BIO International Convention shows that the U.S. bioscience industry has reached $2 trillion in annual economic impact while maintaining accelerated venture capital investment and job growth numbers. Among U.S. technology sectors, the bioscience industry has held a leading position as an economic driver and job generator.
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New Bioscience Report Shows Record-Breaking Economic Impact, Accelerated Venture Capital Investment & Job Growth
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Press Release  •  June 4, 2018
BIO’s latest report shows that the U.S. bioscience industry has reached record setting annual economic impact, venture capital investment and job growth numbers. Among U.S. technology sectors, the bioscience industry is a leading economic driver and job generator across the U.S., with job growth in 41 states.
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Biofuel and Agriculture Groups Petition EPA Re: Lost RFS Volumes from Small Refinery Exemptions
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Letters, Testimony & Comments  •  June 4, 2018
RE: Petition for Reconsideration of 40 C.F.R. §80.1405(c), EPA Docket No. EPA–HQ–OAR–2005–0161, promulgated in 75 Fed. Reg. 14,670 (Mar. 26, 2010); Petition for Reconsideration of Periodic Reviews for the Renewable Fuel Standard Program, 82 Fed. Reg. 58,364 (Dec. 12, 2017)
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Benefit-Risk: BIO Comments on Food and Drug Administration Prescription Drug User Fee Act VI Benefit-Risk Implementation Plan
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Letters, Testimony & Comments  •  May 31, 2018
May 31, 2018 Re: Docket No. FDA-2018-N-1010: Food and Drug Administration Prescription Drug User Fee Act VI Benefit-Risk Implementation Plan.Dear Sir/Madam:The Biotechnology Innovation Organization (BIO) thanks the Food and Drug Administration (FDA or Agency) for the opportunity to submit comments regarding the Prescription Drug User Fee Act VI Benefit-Risk Implementation Plan.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.General Comments:BIO supports the FDA's continued efforts to evaluate and improve upon the clarity of the complex and critical process of benefit-risk assessment (B/R assessment) throughout the lifecycle of drug evaluation. While BIO commends the FDA for the great progress in implementing the benefit-risk framework (B/R framework), especially as it relates to transparency and communication of benefit-risk assessments (B/R assessment), additional work is needed to continue to advance and improve upon the current FDA B/R framework. In order to continue to advance the science of B/R assessments and the ability of the framework to inform regulatory decision making, BIO believes that there should be increased emphasis and guidance on the utilization of the B/R framework as a decision support tool, implemented earlier in development, rather than just to support communication following a regulatory decision. For example, the FDA has identified additional opportunities to advance their B/R work, through: (1) incorporation of patient experience into drug development, evaluation, and review and (2) exploration of more quantitative approaches to inform B/R assessments in targeted cases, we ask that these efforts be highlighted as…
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Pandemic Influenza
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Human Health, Biodefense and Vaccines  •  Toolkit  •  May 31, 2018
The constant nature of the pandemic influenza threat underscores the need for sustained, adequate investment in our preparedness and response capabilities.
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New Report Shows Substantial Economic Costs of Chinese Delays on Ag-Biotech Approvals
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Press Release  •  May 30, 2018
Washington, D.C. (May 30, 2018) – Persistent delays in China’s ag-biotech regulatory system slows U.S. farmers’ access to new biotechnology products and costs the U.S. economy tens of thousands of jobs and billions in economic output, according to a new study released today by Informa’s Agribusiness Consulting Group (Informa). 
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BIO Announces Renewable Chemicals Programming for 2018 World Congress
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Press Release  •  May 25, 2018
The Biotechnology Innovation Organization (BIO) today announced programming information for renewable chemicals at the 2018 BIO World Congress on Industrial Biotechnology. Programming will consist of four breakout sessions on Tuesday, July 17, covering all aspects of renewable chemicals. Companies profiled in BIO’s 2018 “Renewable Chemical Platforms Building the Biobased Economy” will present renewable chemical innovations and the development of new biobased materials and biopolymers. 
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BIO Comments on FDA Draft Guidance on Evaluation of Bulk Drug Substances Nominated for Use in Compounding
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Letters, Testimony & Comments  •  May 25, 2018
BIO submitted comments on the Food and Drug Administration’s (FDA) Draft Guidance, Evaluation of Bulk Drug Substances Nominated for Use in Compounding Under Section 503B of the Federal Food, Drug, and Cosmetic Act. Compounded drugs can serve an important role for patients who have clinical needs that cannot be met by an FDA-approved product. Access to medically necessary compounded medicines is important – but access cannot and should not come at the expense of product quality and patient safety. BIO strongly encourages and supports the FDA’s allocation of resources to enable the safety of compounded drugs. BIO agrees these drugs should only be used by patients whose medical needs cannot be met by an FDA-approved drug. In addition, BIO is pleased to see the FDA discuss the importance of the drug approval process and the need to ensure compounded drugs do not weaken incentives for companies to conduct clinical testing and bring new drugs to market. In the comments, BIO also discusses issues including the process for nomination and review of the 503B list for bulk compounding, clarification of what constitutes “clinical need,” and non-biologic complex drugs and narrow therapeutic index drugs.
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