BIO.News Newsletter

Another important thing in the budget reconciliation this week: Democrats included a provision that would change the Orphan Drug Tax Credit and disincentivize R&D. We have details, plus more on what needs to happen at the UN Food Systems Summit next week. (783 words, 3 minutes, 54 seconds)And before you head out for the weekend be sure to listen to the latest I am BIO podcast.

It was a busy week in the House, with several committees marking up the Senate’s $3.5 trillion budget reconciliation package. We witnessed debate and proposals of great importance to all sectors of the biotech industry that BIO’s been engaged on—here’s a recap of key provisions related to drug pricing, SAF tax credit, and more. (856 words, 4 minutes, 16 seconds)

President Biden finally nominated an agriculture negotiator at USTR, and a new study finds vaccines save lives AND money on health care spending. Plus, it’s the first day of Hispanic Heritage Month, and we’ll be highlighting Hispanic and Latinx scientists and innovators you should know. (791 words, 3 minutes, 57 seconds)

We developed COVID-19 vaccines in record time—so what about HIV? We launched season two of the I am BIO Podcast with a conversation with Dr. Fauci and Jeff Galvin, head of an innovative biotech working on a potential solution. Also, a new report warns climate change could cause food shortages, so we explain how gene editing can help. (657 words, 3 minutes, 17 seconds)

Before we begin a busy Monday, we’re remembering Frederick Frank, a “founding father” of biotech investment, who passed away Saturday. Ahead of the UN General Assembly, we also look at an unprecedented editorial on the health impact of climate change as well as NIH programs to advance innovation and diversity. (850 words, 4 minutes, 15 seconds)

A busy end to the week as a group of small biotech leaders and investors explain why H.R. 3 would halt investment in R&D—and offer alternative strategies to help patients get the drugs they need. Plus, the White House announced an administration-wide initiative to increase the production of sustainable aviation fuels. (686 words, 3 minutes, 25 seconds)

A busy day with alarming new COVID data and how we can avoid a “twindemic” during flu season, plus what needs to happen at the UN Food Systems Summit. We have details on both, plus what’s happening in Washington and a lot of news links. (827 words, 4 minutes, 8 seconds)

Everyone’s back to work in D.C.—including Congress. We caught up with BIO’s Federal Government Relations team to find out what they’re monitoring as we head into fall. (1164 words, 5 minutes, 49 seconds)

It’s the Friday before Labor Day—but we have an important exclusive on human capital mobility during COVID-19 and the detrimental impact on the U.S. biotech sector. Also, don’t miss our webinar (on September 14) on how we can improve diversity in biotech by leveraging NIH’s SBIR and STTR programs. (687 words, 3 minutes, 26 seconds)  Good Day BIO is taking a break for Labor Day on Monday, September 6. We will resume publication on Tuesday, September 7. Enjoy the long weekend.

The WTO returns to work in Geneva on Monday—listen to our new bonus podcast episode for insight into how the next few weeks and months might go. We also explain why plant pandemics have met their match, thanks to CRISPR. (590 words, 2 minutes, 57 seconds)