We caught up with our friends at the Council of State Bioscience Associations (CSBA) to check in on BIO’s state affiliates—here’s a roundup of some of the latest news.
ICYMI: A proposed waiver of the WTO TRIPS agreement would have a ripple effect on the U.S. biotech sector, we explained yesterday.
“Waiving IP protections for COVID-19 vaccines that showcase the very best of the biopharmaceutical sector—including the companies that call New Jersey home—not only doesn’t guarantee faster rollout for vaccines abroad but could undermine the standards for these drugs and the supply chain that has demonstrated efficacy throughout the pandemic,” wrote BioNJ President and CEO Debbie Hart in USA Today.
Meanwhile, with drug price controls back on the agenda in the U.S., it’s a good time to revisit CSBA’s recent study on what would’ve happened if H.R. 3 had been in place from 2009-2019:
- A basket of 68 drugs developed by small and emerging biotechs would have been reduced to 7.
- New medicines for rare diseases, oncology, and neurology would have been disproportionately impacted.
- Biopharmaceutical job losses alone would total nearly 191,000—and 950,000 when you include indirect effects.
The study press release and corresponding op-eds by state biotech leaders were published nationwide, including in Arizona, Delaware, Illinois, North Carolina, and New York, to name a few.
“There is plenty of room for improvement in our healthcare system, including overdue insurance and copayment reforms and striking the right balance between pricing innovative new technologies and treatments fairly while providing sufficient incentives for scientists and investors to take the significant risks necessary to develop them,” said Delaware BioScience Association President Michael Fleming. “Yet looking to Europe and other countries to enhance our world-leading model would be a terrible mistake with dire consequences for patients and the economy.”
Several CSBA CEOs have been recognized for their work recently, including…
And finally, we've welcomed two new leaders into the fold:
BIO has 48 state affiliates—and we’re sure we missed some headlines! If you have major news, an op-ed, or something else you’d like to share in a future edition, send it to Berrett Stradford, Director of External Relations at BIO, at bstradford@bio.org. (We may not be able to publish everything—but we’ll try!)
Learn more about CSBA and biotech associations in the states.