Tag Archives: health

John Lechleiter Forbes Op-Ed: Debunking the Five Big Myths About ‘Big Pharma’

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This week, Eli Lilly and Company President, Chairman and CEO John Lechleiter refutes five big myths about big pharma in this Forbes opinion piece. He points to these five biggest industry myths as ‘routinely poisoning debates, obscuring genuine problems, and distorting policy recommendations on health care.’ In short (excerpts): Myth #1 Pharmaceutical companies exaggerate the costs of developing new medicines to justify high prices. In fact: The research and development (R&D) expenditures of this industry Read More >

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More Than 90 Patient Organizations Urge Congress to Protect Patients and Innovation

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Today, the Epilepsy Foundation and a diverse group of more than 90 advocacy organizations submitted a letter to the House and Senate Judiciary Committees urging Congress to maintain a strong and secure patent system that encourages investments in innovative treatments and devices as it considers comprehensive patent reform. Together, our organizations represent millions of individuals waiting for the next breakthrough treatment, and hopefully, cure. Without strong patents, many innovative ideas will not make it from the Read More >

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BIO Applauds Energy and Commerce Health Subcommittee for Approving 21st Century Cures Act

21st Century Cures Act

Today, the Biotechnology Industry Organization (BIO) praises the Energy and Commerce Health Subcommittee for approving and forwarding to the full Committee the 21st Century Cures Act. We applaud the Energy and Commerce Committee for recognizing the critical link between research, development, and reimbursement. We look forward to continuing to work with Chairman Fred Upton (R-MI), Congresswoman Diana DeGette (D-CO), and members of the Energy and Commerce Committee to help expedite the delivery of the next Read More >

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TSC Global Awareness Day

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On May 15, the Tuberous Sclerosis Alliance (TS Alliance) will join tuberous sclerosis complex (TSC) organizations around the world to observe the fourth annual TSC Global Awareness Day.  On this day, thousands of individuals and families affected by TSC will join together to increase public awareness of the rare disease and share their stories of hope for the future. This year’s TSC Global Awareness Day will feature a social media campaign called #IAMTSC, which will 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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