Category Archives: Jim’s Corner

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 >

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 >