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Gene therapy of today, payment models of last century
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Good Day BIO Newsletter  •  June 12, 2024
New gene therapies will be here soon—but payment models are stuck in the 20th century, said experts at the BIO International Convention. Plus, the onus is on innovators to educate regulators about their science—a few companies explain why. (584 words, 2 minutes, 55 seconds)
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Industry Innovators
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Agriculture & Environment, Human Health

FDA panel recommends approval of donanemab
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Good Day BIO Newsletter  •  June 11, 2024
An FDA advisory panel recommends approval of Eli Lilly’s Alzheimer's drug donanemab, parents explain why we need to reauthorize the Rare Pediatric Disease Priority Review Voucher Program (PPRV), and we recap BIO 2024 sessions on women’s health. (611 words, 3 minutes, 3 seconds)
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BIO International Convention Celebrates Another Successful Year as Biotech Industry’s Largest and Most Influential Event
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Agriculture & Environment, Human Health, BIO One-on-One Partnering  •  Press Release  •  June 10, 2024
Biotechnology Innovation Organization (BIO) is proud to conclude the 2024 BIO International Convention in San Diego, held last week June 3-6, 2024. 1,400 exhibitors and more than 19,500 attendees from 70 countries came together for four full days of programming designed to propel the biotechnology industry forward. BIO 2024 also exceeded its prior record of partnering meetings with over 61,000 held this year. From patient advocacy to policy initiatives and next generation biotherapeutics, BIO 2024 showcased the innovative breakthroughs to help solve the world’s biggest problems.  “There was a great spirit of hope that resonated throughout the Convention halls this year. It was a hope and excitement based upon the convergence of the brightest minds in science, business, government, and patient advocacy all coming together with an extraordinary focus on healing, fueling, and feeding the world,” said John F. Crowley, President & CEO, BIO. “As Christopher Reeve once said, ‘biotechnology is just a great big word that means hope.’ It is that spirit that I continue to see in all corners of our industry around the globe as we advance policies and priorities that will propel the science forward and expand access for patients and people worldwide. It is my hope that every day, more and more people will enjoy the life changing benefits of what we do.”BIO 2024 featured an inspiring discussion about leadership from Four-Star Admiral, Retired U.S. Navy (SEAL), and the Former Chancellor of The University of Texas System, William McRaven. Award-winning actress and author, Viola Davis shared her powerful story about what it really means to be a loving and caring human being in the face of immense adversity in life with former CNN anchor Brooke Baldwin. FDA Commissioner Robert Califf, MD, spoke about regulatory innovations in the industry and highlighted specifically the importance of a resilient manufacturing supply chain that includes major efforts to redomicile key parts…
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RSV news – plus, BIO 2024 talks PDABs
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Good Day BIO Newsletter  •  June 10, 2024
GSK’s RSV vaccine was approved for an expanded population, and a new study confirms an option for infants is effective. Plus, our BIO 2024 coverage is not over yet—and today, we get the patient perspective on PDABs and the IRA. (558 words, 2 minutes, 47 seconds)
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FDA Commissioner on supply chains, clinical trial diversity, and more
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Good Day BIO Newsletter  •  June 7, 2024
We’re wrapping up a fantastic 2024 BIO International Convention with what FDA Commissioner Dr. Robert Califf said about supply chains (and more) and how you can get involved with ARPA-H—plus, a few headlines you might have missed. (703 words, 3 minutes, 30 seconds)
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‘A strong biotech sector is a prepared biotech sector’
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Good Day BIO Newsletter  •  June 6, 2024
On Day 3 of the BIO International Convention, we learned about the National Security Commission on Emerging Biotechnology—more on that, plus a few takeaways on leadership and innovation. (729 words, 3 minutes, 38 seconds)
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BIO Recognizes Industry Leaders for Groundbreaking Work in Agricultural, Environmental Biotech
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Agriculture & Environment  •  Press Release  •  June 5, 2024
WASHINGTON - June 5, 2024 – The Biotechnology Innovation Organization (BIO) today announced the winners of the organization’s 2024 Leadership in Agri-Biotechnology Awards — honoring Dr. Annette Kleiser, CEO of Dalan Animal Health, as the recipient of the George Washington Carver Award and Sylvia Wulf, president and CEO of AquaBounty Technologies, as the recipient of the Rosalind Franklin Award. The two awards recognize biotechnology leaders who are driving cutting-edge breakthroughs in agricultural, environmental, and industrial biotechnology. “The recipients of this year’s Leadership in Agri-Biotechnology Awards both represent what’s possible through biotech innovation and how our industry is leading the way when it comes to agricultural and environmental solutions,” BIO President and CEO John F. Crowley said. “Through their commitment to strengthening our ecosystems through innovative scientific discovery, Annette and Sylvia have delivered evidence-based, market-ready products that will pave the way for future innovations and technologies to improve food security, strengthen the bioeconomy, and promote environmental sustainability around the world.”Dr. Kleiser co-founded Dalan Animal Health in 2019 to develop breakthrough vaccines for honeybees and other invertebrates. There, she helped lead the discovery and launch of the first vaccine for bees and, drawing on her skills in biotech drug development, built scientific evidence to bring the vaccine to market. Her team brings together experts from across the world to continue working on ways to apply her novel approach to other biotech solutions. Dr. Kleiser has more than 20 years of experience in business development, start-up formation, corporate strategy development, and alliance management, both in university technology transfer and the biotechnology industry, and her projects have aimed to help transition an idea from the lab to the marketplace.The George Washington Carver Award, sponsored by the Iowa…
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Election-year messaging, DEI stats, and 340B reform
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Good Day BIO Newsletter  •  June 5, 2024
Day 2 of the BIO International Convention brought important conversations on biopharma's message in an election year, DEI, and how to grow the bioeconomy. Meanwhile, in Washington, D.C., lawmakers discussed 340B. (869 words, 4 minutes, 20 seconds)
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More than 8 in 10 Biotech Companies Rate DEI as Important Area of Strategic Focus, according to New Report from BIO and Korn Ferry
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Press Release  •  June 4, 2024
WASHINGTON - June 4, 2024 – The Biotechnology Innovation Organization (BIO), in partnership with Korn Ferry, today released a new survey assessing diversity, equity, and inclusion (DEI) in the biotechnology industry. The report, “Charting a Path to Inclusive Excellence for Biotechnology Companies,” analyzes the state of DEI in the biotechnology industry, assesses behavioral and structural practices that drive inclusive excellence at companies, and identifies areas to help guide organizations on their DEI journeys.Key findings from the report include:The vast majority (85%) of participating organizations rate DEI as an “Important,” “Very Important,” or “Critical” area of strategic focus.Most biotechnology companies are collecting information related to employee age (90%) and gender (85%) and incorporating it into HR systems, and over two-thirds (69%) are gathering data on race/ethnicity.The top response for DEI efforts (90%) is the ability to foster employee satisfaction and well-being in the workforce. When looking at the future impact of efforts, enabling business strategy increases to 47% 5 years from now.Participating organizations (94%) indicated that there has been no change, moderate, or significant increase in DEI investment over the last two years.Most participating companies (79%) indicate that active partnerships have been formed with diverse educational institutions and community and professional organizations.“The most successful companies are continuing to include DEI into their corporate strategy as a testament to the fact that DEI matters for workplace productivity and retention of the workforce,” said Elizabeth Jeffords, President & CEO of Iolyx Therapeutics and Chair of BIO’s Workforce Diversity, Equity, and Inclusion work group. “When leaders invest in their companies and communities, DEI pays dividends. Findings from this report illustrate that DEI is a crucial aspect of running a successful biotechnology company and it will continue to be a…
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