Latest From Biotech Now

Biopharma Industry Enthusiastic About 2012

Eric Langer

By Eric S. Langer, president and managing partner, BioPlan Associates, Inc. 2012 Annual Study shows budgets, optimism taking a big jump It looks like the biopharma industry is actually weathering the economic downturn quite comfortably. This year we’ve surveyed hundreds of biomanufacturers and suppliers, and the industry is expressing more raw optimism and confidence than at any time in the past 9 years we’ve been surveying this industry. More Spending What this means is that wallets Read More >

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EPA Maintains Consistent Implementation of the Renewable Fuel Standard

Biorefinery

The EPA on January 9 issued the final rule for the 2012 Renewable Fuel Standard, calling for production and use of 15.2 billion gallons of renewable fuel, representing just over 9 percent of the total fuel market. The renewable fuel total includes 2 billion gallons of advanced biofuel, with at least 8.65 million gallons of cellulosic biofuel. Importantly, EPA’s 2012 rule maintains a course –consistent with the 2010 and 2011 rules – that continues to Read More >

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“America Speaks” Poll Shows Health Research is Key to Economic Recovery

MaryWoolley

By Mary Woolley, President of Research!America Research!America’s 12th edition of America Speaks, an annual summary of our public opinion polls, shows that Americans are deeply concerned about our country’s ability to create jobs and compete globally. In fact, 77 percent of those polled say that the U.S. is losing its competitive edge in science, technology and innovation and more than half of Americans (58 percent) do not believe we are making enough progress in medical Read More >

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IPO Update – Jan 2012

IPO-raised-vs-filed-2009-20112

2011 ended quietly for the US biotech IPO market. It has now been almost two months without a biotech IPO. The last few IPOs back in November continued the theme that was in place at the beginning of the year – you can get out, but with a -30% haircut. In fact, only two of the 12 IPOs in 2011 raised more than they filed for. This is shown in chart 1 below. The two Read More >

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Illinois Sees Biotech as Key to Job Growth

lab

For every job created in the biotech industry, up to five additional jobs are created to build research facilities; maintain laboratory and computer equipment; supply laboratory and office equipment, and provide basic services to even the most modest biotechnology facilities. David Miller of the Illinois Biotechnology Industry Organization is well aware of the above statistic. He shared his views on the challenges and payoffs tied to establishing Chicago as a high-tech employment hub earlier this Read More >

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