Category Archives: Corporate

Latest From Corporate

Jobs and Innovation Are Keywords for State of the Union

President Obama is right to focus on innovation and jobs in his State of the Union speech tonight, particularly the need to create and fill new jobs to compete in an increasing competitive global marketplace. Notably, the President also called for investments in biomedical research and clean energy technologies. There’s no industry better poised to meet these challenges than biotechnology. Nationwide, our industry directly employs more than 1.4 million people and indirectly generates jobs for Read More >

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Looking Back, Looking Ahead: BIO Sets Policy Priorities for 2011

The ability of BIO members to heal, fuel, and feed the world depends on having an economic and public policy environment that supports their work. The Therapeutic Discovery Project (TDP) program, enacted in 2010, is an example of the type of policies necessary to spur continued medical innovation, while at the same time protecting and growing high-paying U.S. jobs. The TDP program provided $1 billion in research grants and credits for small biotech companies pursuing Read More >

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Game-Changing Strategies for the Future of the Biotech Industry

The biotechnology industry works to translate life science into solutions for healing previously untreatable medical conditions, feeding the world’s growing population, and fueling mobility and economic growth using cleaner manufacturing processes. These high aspirations have always brought unique challenges to biotechnology companies, and in the wake of the recent worldwide recession those challenges have become particularly difficult. But the need for innovation in health care is clear and present. The number of unmet public health Read More >

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Working With A New Congress

Having experienced many election nights as a state legislator and Member of Congress, I still can’t help feeling that nervous excitement that all candidates get as they await the returns. This year was no exception. Though very happy not to have my name on the ballot, I was keenly interested, as I’m sure you were, in the unfolding drama and in what the results would mean for our country and for the future of the Read More >

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Therapeutic Discovery Project Saves Research That Can Save Lives

This morning,U.S. Treasury Secretary Timothy Geithner and HHS Secretary Kathleen Sebelius announced the awardees of the Therapeutic Discovery Project (TDP). The TDP makes available a tax credit to companies with 250 employees or fewer and covers up to 50 percent of qualified investments in projects aimed at creating new therapies, reducing long-term health care costs, or significantly advancing the goal of curing cancer within the next 30 years.  BIO was a strong advocate for the Read More >

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