The U.S. Court of Appeals for the District of Columbia has lifted the injunction on federal funding of embryonic stem-cell research. The ban was set last year by a federal judge who said all embryonic stem-cell research at the National Institutes of Health amounted to destruction of embryos, in violation of congressional spending laws.  Sherley, […]

The IRS has released guidelines for applying for the new Therapeutic Discovery Tax Credit! The tax credit targets projects that show significant potential to address unmet medical needs, produce new therapies, reduce the long-term increase of the cost of healthcare, and help cure cancer. Additional consideration will be given to projects that show the greatest […]

Health care reform has produced a new tax credit and grant program for inventive small to mid-sized companies with R&D in therapeutics. Federal tax credits and grants will be awarded up to a national total of $1 billion for tax years 2009 and 2010 for winning, qualifying biotech projects. Companies with 250 or fewer employees […]

Issue 1 is a statewide ballot measure on the May 4 primary ballot that will renew and continue Ohio’s successful economic development and jobs creation program, the Ohio Third Frontier initiative. A public-private partnership created in 2002 with bipartisan leadership and support, Third Frontier makes targeted state investments in promising technologies, research and entrepreneurs – […]

A federal district court said that the ACLU et al. suit challenging the patentability of gene patents can go forward. The American Civil Liberties Union (ACLU), the Public Patent Foundation (PUBPAT), and a whole host of others have filed a lawsuit challenging patents on two human genes associated with breast and ovarian cancer claiming that […]

Biotechnology Industry Organization (BIO) President and CEO Jim Greenwood held a press conference today on the issues facing the biotech industry this fall, namely, the healthcare reform going on and the energy/climate issues.  Greenwood reiterated that the organization’s goal is to relieve suffering across the globe. BIO emphasized that it worked very hard to make […]

Ben Keeton, of the Kentucky BioAlliance, joins in on the State of Affairs show on station WFPL, Louisville’s NPR News station.  On the program, biotech insiders look at Biotechnology, Biologistics, and Biobusiness in Kentucky.  The show first asks “What is biotechnology?” and then they ask the experts to explain the what, why and how of […]

Sir Elton John gave the keynote address today at the 2009 BIO International Convention today in Atlanta. He emphasized that we need to get past our “standing stereotypes and prejudices that inhibit our efforts to combat AIDS.” Citing such stigmas, he noted that HIV/AIDS has fallen off the radar yet there is a critical need […]