AZBio partners with LexisNexis and State Net to bring you all the latest updates from Washington DC and around the nation. Check out the latest in the January 16, 2012 edition.Continue reading
AZBio partners with LexisNexis and State Net to bring you all the latest updates from Washington DC and around the nation. Check out the latest in the December 19, 2011 edition.Continue reading
Today the SBIR was reauthorized for a period of 6 years, ending September 30, 2017. This includes STTR, and what was the Commercialization Pilot Program (CPP), now to be known as the Commercialization Readiness Program (CRP). The reauthorization was included in the National Defense Authorization Act of 2012 (NDAA) HR.1540.
The bill has been sent to the President to sign the bill into law, and he has said he would.Continue reading
|For Immediate Release:||Wednesday, December 14, 2011|
|Contact:||CMS Office of Public Affairs
AFFORDABLE CARE ACT SUNSHINE;
RULE INCREASES TRANSPARENCY IN HEALTH CARE
The Centers for Medicare & Medicaid Services (CMS ) announced today a proposed rule that will increase public awareness of financial relationships between drug and device manufacturers and certain health care providers. This is one of many steps under the Affordable Care Act designed to increase transparency in the health care system, which can lead to better care at lower costs.Continue reading
The SBIR/STTR program has not been reauthorized yet but we are one step closer as the December 16th deadline approaches.
Monday (December 12, 2012) word of a Senate/House compromise was announced that may lead to a positive outcome that would reauthorize the SBIR/STTR program for six years. This would be a huge improvement over the multiple short term extensions we have seen in recent years. Continue reading
Estimated at $20B, the Medial Device Tax was included in the Affordable Care Act that was signed into law by President Obama in 2010. The amount is based on a 2.3% excise tax that will be levied on the total revenues of a company, regardless of whether a company generates a profit, starting in 2013.
While many industry groups including AZBio, AdvaMed, and MDMA have been sharing information on why this tax is unwise and have worked to explain the negative effects that it could have on innovation and patient care, there is always the possibility that it will not be repealed before 2013.
Ernst and Young recently published a Tax Note on the Medical Device Tax that gives a comprehensive overview of what it is, who it affects and how they will be affected. The tax note is provided below as published by E&Y and is shared with permission.Continue reading
Arizona’s bioscience community came together on December 1, 2011 to show appreciation to the leaders who have blazed the path for bioscience growth here in Arizona. We call these individuals “Trailblazers.”
Members of community from across the state had an opportunity to share ideas with legislators, elected officials and leaders from Arizona’s bioscience companies, universities and research institutions. AZBio members also were updated on the latest results from the AZBio Viewpoint Survey and all attendees received the 2012 AZBio public policy initiatives as well as a comprehensive list of policy recommendations from the Flinn Foundation and the Bioscience Road Map Steering Committee. Continue reading
Peter M. Pellerito of BIO to share a National Perspective on Best Practices That Support Bioscience Industry Growth at AZBio Trailblazer Awards Luncheon December 1, 2011.
The Arizona BioIndustry Association (AZBio) today announced that Peter M. Pellerito of the Biotechnology Industry Organization (BIO) will present a keynote on best practices for state bioscience industry growth at the AZBio Trailblazer Awards on December 1, 2011 as the community gathers to honor state leaders.Continue reading
The Bioscience community is reaching our to leaders in Washington to support the Therapeutic Discovery Project Tax Credit program (TDP) (I.R.C. §48D) and its impact on bioscience and U.S. innovation. The letter below has been signed by BIO, AZBio and bioscience companies and organizations across the country. Continue reading