The following statement may be attributed to Beth Ellikidis, BIO's Vice President for Agriculture & Environment: “Today’s release of an updated methodology to qualify crop-based sustainable aviation fuel (SAF) for federal tax credits is a positive step toward meeting the rapidly growing demand for SAF and leveraging agricultural innovation to make air transportation cleaner and greener. “Biotech innovation is a critical tool to help farmers adopt climate-smart agricultural practices to qualify their crops as tax credit-eligible SAF feedstocks, including no-till farming and microbial biofertilizers. BIO’s member companies stand ready to bring to market the innovations needed to reduce the carbon intensity of agriculture and crop-based fuels.”

Retired U.S. Navy (SEAL) Four-Star Admiral and the Former Chancellor of The University of Texas System, William McRaven, to Discuss Leadership, Global Events, and the National Security Importance of Biotechnology with BIO CEO, John CrowleyWASHINGTON - (April 30, 2024) – As recent global events have demonstrated, the world has become more challenging and American leadership is needed more at home and abroad than ever before, and that includes maintaining U.S. dominance in biotechnology innovation. Retired U.S. Navy four-star admiral, Navy SEAL, University Chancellor, best-selling author and world-renowned authority of leadership, William McRaven, will keynote the 2024 BIO International Convention, Wednesday, June 5, in San Diego. Admiral McRaven will be interviewed by John Crowley, CEO of the Biotechnology Innovation Organization (BIO) about the challenge of global events today and the implications for biotechnology as a national security imperative. McRaven will also share his insights on essential elements of leadership in managing complex organizations. Over the course of his distinguished military career, McRaven gained first-hand insight into the numerous threats facing the United States. “For more than a century, the United States has been the medicine chest to the world, providing life-saving vaccines, antibiotics, and therapeutics, saving millions of lives. In the face of diverse global threats, maintaining a robust biotech industry is paramount for safeguarding both the nation and our allies,” said McRaven.“We are on the cusp of a golden age of biotechnology, and Admiral McRaven will highlight why it is a strategic imperative for the United States to bolster our biotechnology capabilities and foster innovation in order to safeguard our nation and global society,” said Crowley. “He brings unparalleled expertise and experience to the discussion on the intersection of biotechnology and national security.” Listed as one of the world’s greatest leaders…