Latest From Biotech Now

Progress in Commercializing Advanced Biofuels and Renewable Chemicals

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The Biotechnology Industry Organization (BIO) yesterday announced breakout sessions for the upcoming 2013 Pacific Rim Summit on Industrial Biotechnology and Bioenergy.  Breakout session tracks are designed to showcase state-of-the-art advancements in the world of industrial biotech.  Attendees will have exclusive access to presentations from some of the most innovative companies in bioenergy and biobased chemicals including, Gevo, Inc., POET-DSM, Cool Planet Biofuels, and Abengoa Bioenergy US Holding, Inc. Brent Erickson, Executive Vice President of BIO’s Read More >

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JOBS Act: Rule 506 Goes Into Effect Today

DC in Fall

Since Congress passed the Jumpstart our Business Startups (JOBS) Act last spring, there have been 39 IPOs in the biotech industry – and counting!  Today, another provision from the JOBS Act takes effect that will further enhance biotech capital formation. Pursuant to rules mandated by the JOBS Act, companies are now able to use general solicitation to advertise to investors when conducting an offering under Rule 506 of SEC Regulation D.  Rule 506 is a Read More >

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“Should the USPTO allow the patenting of living organisms?”

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Most people associate patents with mechanical or electronic devices, new chemical substances, intricate machines or other inanimate things. The notion that patents are also available for living things may be puzzling at first. A patent is a form of property right that allows its owner a certain measure of control over how others may make, use or sell the patented invention. Surely the inventor of e.g. a new gyroscope sensor (like those used in Segway Read More >

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Congratulations to Gevo on the Construction of its New Demonstration Paraxylene Plant

Gevo

On Monday, August 26, 2013, Gevo, Inc., the world’s only commercial producer of bio-isobutanol, held a ribbon cutting ceremony for its demonstration-scale paraxylene plant in Silsbee, Texas.  BIO’s own CEO Jim Greenwood attended the ribbon cutting ceremony and had this to say: “Industrial biotechnology companies such as Gevo show the true scope and reach of American innovation and ingenuity. After you visit these companies, after you see how entrepreneurs like Gevo CEO Pat Gruber and his Read More >

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Ask CA Governor Brown To Sign SB 598

Jim Greenwood

California’s Assembly and Senate have both overwhelmingly passed Senate Bill 598, legislation that creates a pathway for the substitution of interchangeable biologic medicines. Despite fierce opposition from insurance companies and large pharmacy chains, it is now on its way to the Governor’s desk. It’s critical for him to understand that this issue is one of the highest priorities for patients, healthcare providers and the life sciences industry. Senate Bill 598 is needed now to update Read More >

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