The Centers for Medicare & Medicaid Services entered the third year of its Medicare drug price negotiation program, selecting 15 drugs—including, for the first time, therapies covered under Medicare Part B. Patient advocacy groups have until March 1 to submit written comments and can register for roundtables and town halls in April. Advocates emphasized that thorough preparation, data‑driven storytelling, and coordinated patient voices are essential to influence the process. Early results show some negotiated drugs have actually increased out‑of‑pocket costs for patients, raising concerns about access and provider reimbursement.
Music Beats Cancer, a nonprofit founded by former cancer researcher Mona Jhaveri, uses live music and a peer‑to‑peer platform to funnel public donations directly to early‑stage biotech firms tackling cancer. By turning song likes into dollars, the organization bridges the...
At the BIO Investor Growth (BIG) Summit, IBD Ventures’ associate director Nicole Schwerbrock discussed how venture philanthropy and patient advocacy are reshaping investment in inflammatory bowel disease (IBD) research. She explained that patient‑driven funding models complement traditional venture capital by...
NIH Director Jay Bhattacharya told the Senate HELP Committee that no scientific study links any vaccine to autism, reaffirming the consensus after senators raised vaccine‑safety concerns. He used the hearing to unveil a modernization agenda that includes centralizing peer review,...

BIO submitted a statement to the House Ways & Means Trade Subcommittee urging Congress to adopt policies that preserve U.S. biotech leadership. The organization highlighted the sector’s explosive growth, projecting a $4.25 trillion global market by 2033, and called for expanded...

The Milken Institute’s FasterCures LeadersLink program, launched in 2020, provides mentorship, peer learning, and capstone projects for emerging leaders of patient advocacy organizations that fund or conduct biomedical research. The cohort‑based model connects mentees with seasoned executives, fostering strategic reflection...

The Biotechnology Innovation Organization (BIO) launched the BIO Investment Council (BIC) on Jan. 7 to bridge venture capital and small‑to‑mid‑size biotech firms. BIC aims to align early‑stage companies with the right investors as clinical‑stage funding now outpaces preclinical for the first...

The U.S. Centers for Disease Control and Prevention announced it will now recommend only 11 of the 17 childhood vaccines it previously endorsed, moving six vaccines to a high‑risk or provider‑consultation model. The Biotechnology Innovation Organization (BIO) condemned the shift...

At the BIO International Convention’s IP Counsels Committee panel, experts outlined how AI is reshaping patent practice. They classified tools into traditional, generative, and patent‑specific solutions, stressing secure enterprise versions for confidential data. Ethical pitfalls—including AI hallucinations and potential public...

The BIO IP Counsel Committee Conference addressed growing skepticism toward patents in biopharma, amplified by pandemic‑era messaging that frames IP as a barrier to care. Panelists argued that patents remain vital incentives for costly research and development, despite public concerns...

Patient advocates at BIO’s December Coffee Chat urged Congress to reauthorize the Pediatric Priority Review Voucher (PPRV) program before year‑end. The voucher scheme, which expired in 2024, has awarded 63 vouchers for 47 rare pediatric diseases, turning four treated conditions...

The BIO IP panel highlighted that joint inventorship is now the norm in biotech, replacing the lone‑inventor myth. It outlined the legal elements—conception, collaboration, corroboration—and illustrated them with real and hypothetical cases, including AI‑driven research. Panelists warned that mis‑attributing inventors...

The Bayh‑Dole Act, celebrating its 45th anniversary, has turned federally funded university research into a powerhouse of commercial innovation. Between 1996 and 2020 it generated up to $1.9 trillion in economic output, created 6.5 million jobs and spurred 19,000 startups, resulting in...

The U.S. House of Representatives approved the Incentivizing New Ventures and Economic Strength Through Capital Formation (INVEST) Act on Dec. 11, passing it 302‑123 with bipartisan support. The legislation, championed by BIO, aims to remove regulatory hurdles and expand capital access...

Charlotte, long known as a U.S. financial hub, has launched The Pearl—a $75 million health‑care innovation district—in midtown in June 2025. The campus brings together IRCAD North America, Wake Forest University School of Medicine, global med‑tech firms, startup labs, and an AI‑driven clinical‑trial...