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We're not ready.
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Good Day BIO Newsletter  •  June 6, 2023
Collaboration is key—whether we’re growing biotech jobs and startups, or addressing infectious diseases with pandemic potential. Are we ready? Here’s what we learned on Day 1 of the BIO International Convention, and what’s ahead today. Plus, BIO elects a new board chair and executive committee members.  (768 words, 3 minutes, 50 seconds)
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BIO Elects Dr. Ted W. Love as New Board Chair
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Press Release  •  June 5, 2023
2023-2024 BIO Executive Committee is Accomplished, Energetic and Diverse Boston, Mass. (June 5, 2023) – Biotechnology Innovation Organization (BIO) is proud to announce its newly elected Executive Committee Directors following Board elections that took place Monday, June 5, during the 2023 BIO International Convention in Boston, June 5-8, 2023. Dr. Ted W. Love, former President & CEO of Global Blood Therapeutics (GBT), will be BIO’s new Chair of its Board of Directors for a two-year term (2023-2025). In addition, BIO today announces the election of its Executive Committee, representing an accomplished group of executives from both emerging, early to mid-stage companies and established, commercial BIO member companies.  Incoming Chair Dr. Ted Love is a distinguished industry leader with more than two decades of management experience, along with nearly a decade of prior experience as a practicing physician. Dr. Love has spent much of his career focused on addressing the ongoing healthcare disparities facing the sickle cell disease community, and leading the development of therapies for this underserved patient population.  He has been a longstanding BIO board director, and most recently has served over the last four years as Chair of the Emerging Companies Section Governing Board, and Vice Chair of BIO’s Health Section Governing Board. “BIO is thrilled to welcome Ted as our new Board Chair,” says Rachel King, BIO President & CEO. “Ted is a proven innovator who has developed and brought critical therapies to market. He embodies the industry’s mission to advance innovation, increase access to novel treatments, and build an inclusive workforce to reach our most underserved patient communities.” “I am excited to lead BIO and the individuals elected today as we usher in a new era for the biotechnology industry,” says Love. “Throughout my career, I’ve seen what it means when people cannot access the care they need. Greater diversity in our industry…
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Good Day BIO, LIVE from Boston
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Good Day BIO Newsletter  •  June 5, 2023
The 2023 BIO International Convention kicks off today, and the Good Day BIO and Bio.News team is on the ground in Boston to bring you the news and highlights. Below, what we’re watching plus news about the biotech workforce, pandemic preparedness, and future partnerships. (584 words, 2 minutes, 55 seconds)
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BIO Applauds USTR for Taking Next Step to Return Mexico to Science-Based Policy
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Press Release  •  June 2, 2023
The following statement may be attributed to Nancy Travis, vice president for international affairs, BIO. “The Biotechnology Innovation Organization supports the decision, announced today, by the Office of the U.S. Trade Representative to request formal consultations with Mexico under the U.S. – Mexico – Canada Agreement (USMCA) dispute settlement provisions to resolve Mexico’s treatment of agricultural biotechnology products. “BIO thanks U.S. Trade Representative Ambassador Katherine Tai for taking this action today and all the USTR and USDA officials for their diligent work throughout the technical consultations phase. Unfortunately, technical consultations have not resolved the issue. Mexico’s non-science-based rejection of applications for biotech traits and its ban on imports of biotech corn for human consumption violate the terms of the USMCA and cannot stand. “In addition, as we’ve said all along, Mexico’s stance against biotech corn is bad for Mexico’s consumers, who will face worse food price inflation if the ban is not lifted and is damaging to efforts to address climate concerns through agricultural innovation. BIO has urged the Biden Administration to engage in the dispute resolution process without delay, and we applaud the action USTR is taking today. “It is BIO’s hope that the consultations will resolve this matter and return Mexico to a science-based, transparent and predictable regulatory pathway for innovative agricultural products.”
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Year Round Engagement Opportunities
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Medicare's Alzheimer's announcement
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Good Day BIO Newsletter  •  June 2, 2023
Medicare doubles down on its decision to only cover a new class of Alzheimer’s drugs with participation in a registry—an announcement that continues to create a barrier for patients and undermines the FDA’s accelerated approval process. (551 words, 2 minutes, 45 seconds)
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40% fewer drugs
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Good Day BIO Newsletter  •  June 1, 2023
A new study highlights the devastating impact of the Inflation Reduction Act’s drug price controls—plus, the FDA approved the second-ever RSV vaccine, bringing the total to two in one month. (480 words, 2 minutes, 24 seconds)
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House passes bills to support startups
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Good Day BIO Newsletter  •  May 31, 2023
The House passed two bills—that BIO supports—that would help biotech startups. Plus, a recent poll finds likely voters want Medicare to cover FDA-approved Alzheimer’s treatments. (606 words, 3 minutes, 1 second)
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Letter in support of U.S. Codex Office funding
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Letters, Testimony & Comments  •  May 30, 2023
BIO joined with more than 40 groups in calling on Congress to set 2024 funding for the U.S. Codex Office at or above the 2023 level. 
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FDA approves new antibiotic but...
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Good Day BIO Newsletter  •  May 30, 2023
Back to work—including on Capitol Hill, where lawmakers have reportedly reached a deal on the debt ceiling. In the meantime, we look at a new antibiotic approved last week and what BIO’s saying about the U.S. Codex Office. (530 words, 2 minutes, 39 seconds)
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