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In Congress, an EPIC move to support North Carolina life sciences

In Congress, an EPIC move to support North Carolina life sciences North Carolina is a leading hub of medical innovation. Our state is home to elite research universities, state-of-the-art laboratories, and over 800 biopharmaceutical companies that employ more than 75,000 residents. Our life sciences industry generates $2.4 billion in state and local government revenue every…

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Startups struggle with new R&D tax rule 

Startups struggle with new R&D tax rule  A 2022 tax rule requiring the amortization of research and development expenses has created significant challenges for many life sciences startups and small businesses. Previously, grant money received by these companies and spent on R&D could be deducted immediately in full, but the new rule forces them to…

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BIO: CMS decision enormous setback for Alzheimer’s patients, dangerous infringement on FDA autonomy

BIO: CMS decision enormous setback for Alzheimer’s patients, dangerous infringement on FDA autonomy On April 7, the Centers for Medicare and Medicaid Services held to its original decision to limit coverage of the Biogen’s Alzheimer’s disease treatment Aduhelm — along with other drugs like it — to clinical trials. Michelle McMurry-Heath, M.D., Ph.D., president and…

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Biotech joins efforts to aid in humanitarian relief in Ukraine

Biotech joins efforts to aid in humanitarian relief in Ukraine The biotech and life sciences industry is coming together to donate a range of critical medical supplies, equipment, and medications to the people of Ukraine. “The conflict in Ukraine and violence from Russia defies international law, norms and modern sensibilities,” said BIO President and CEO…

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