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San Francisco Business Times: Two JOBS Acts are better than one

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Today, the San Francisco Business Times published an op-ed by OncoMed President and CEO Paul Hastings lauding the Jumpstart Our Business Startups Act (JOBS) Act for giving emerging biotech companies a much-needed boost. As Hastings points out, 80-plus companies will have gone public in the last two years with the help of the JOBS Act. As the biotech industry gathers in San Diego next month for the 2014 BIO International Convention, several CEOs in attendance will no Read More >

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SBIR Funds Speed the Delivery of Breakthrough Treatments and Cures

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Today, BIO’s Executive Vice President of Emerging Companies Cartier Esham presented testimony to the U.S. House of Representatives Committee on Small Business regarding oversight of the Small Business Innovation Research and Small Business Technology Transfer Programs (SBIR/STTR). Dr. Esham emphasized that SBIR plays a critical role in supporting small biotech companies and funding their early-stage research as they navigate the “valley of death,” a critical time when the scientific concepts have shown promise but the Read More >

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BIO Innovation Zone Company Snapshots: Humanetics Corporation

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Next month in San Diego at the BIO International Convention, BIO will be partnering with the National Institutes of Health (NIH) and the National Science foundation (NSF) to host the first-ever BIO Innovation Zone. The Zone will feature Small Business Innovation Research (SBIR) funded early-stage biotech companies. The SBIR/STTR program provides U.S. federal funding to small businesses engaged in research with the potential for commercialization. Companies are rigorously vetted through the NIH and NSF SBIR review process prior to Read More >

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BIO Strongly Supports R&D Tax Credit Legislation

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The House Ways and Means Committee posted the following message on its home page showing the support of several organizations, including BIO, for the American Research & Competitiveness Act (H.R. 4438): “Today, the National Association of Manufacturers, Chamber of Commerce, R&D Credit Coalition, and Biotechnology Industry Organization – representing thousands of small and large U.S. businesses – issued their support for H.R. 4438, a bipartisan, permanent extension of the research and development (R&D) tax credit. In their call for a permanent R&D Read More >

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Biotech Incubator Opens in Santa Fe

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Starting up a biotech company is risky business. Fortunately, there are bright, determined people willing to take that risk in hopes of developing an innovative medical, industrial or agricultural application. Fortunately, too, there are plenty of local, state, and federal legislators who recognize the value of supporting entrepreneurial innovators. A case in point is Startup America, an alliance of entrepreneurs, corporations, universities, foundations, and other leaders who work together to support high-growth, potentially job producing Read More >

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