Category Archives: Health

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Jim Greenwood in New York Times: Specialty Tiers Limit Patient Access

Jim Greenwood

Today, the New York Times published a letter from Jim Greenwood, BIO’s President and CEO. Greenwood’s letter discusses the problems that expanded use of specialty tier cost-sharing by the insurance industry are posing for patients, limiting their access to lifesaving therapies and cures. Breakthrough treatments cost billions of dollars, and investors will only take on such risks if they can expect a reasonable return on their investment. The full text of the letter is below: To Read More >

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Tick Size Pilot Program: A Few Pennies Make a Big Difference

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Earlier this week, the Securities and Exchange Commission (SEC) approved a tick size pilot program that will begin next year. We issued this statement, praising the SEC for finalizing this program, which could improve liquidity and enhance capital formation for emerging biotech companies. Under current SEC rules, all securities on the public market are priced in $0.01 increments known as “tick sizes.” The switch to the standard tick size of a penny was enacted in 2000 Read More >

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United Health To Congress: Let Cancer Patients Eat Gauze (Op-Ed in The Hill)

Patient

Jonathan Wilcox’s op-ed in The Hill today highlights the growing challenge of insurance company tactics that contribute to increased costs to the health care system and restricted patient access to life-saving medicines. While UnitedHealth Group just reported increased revenues for first quarter 2015, patients are shouldering the burden with rising copays and restricted coverage, asserts the author. As Wilcox writes, ‘That’s why cancer advocacy organizations are taking action, pressing Congress and state legislatures to cap co-pays on specialty Read More >

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April is Donate Life Month! Walk with the National Kidney Foundation on May 16!

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The need for organ donations continues to increase in America. Of the over 123,600 Americans on the national organ transplant waitlist, over 101,900 await a life-saving kidney. Many organ donors give the gift of life to a family member or friend with whom they are medically compatible. However, there are some truly special people who give simply because they can and the need is so great. Bill Singleton is one of those people. Singleton is Read More >

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The Power of Innovation

Breast Cancer

Today’s “Fox and Friends” included an informative segment about the staggering advances being made in cancer care thanks to new and forthcoming innovative treatments. The segment featured five doctors from the Sarah Cannon Research Institute, a Nashville-based research organization that partners with biopharmaceutical companies to offer more than 500 clinical trials annually. “Over 40 years since President Nixon declared the War on Cancer, and after decades of giving more drugs and more radiation, we’re now Read More >

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