Biotechnology Industry Organization (BIO)

BIO Applauds Senate Agriculture Committee Draft Farm Bill

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WASHINGTON--(BUSINESS WIRE)-- The Biotechnology Industry Organization (BIO) today thanked Sens. Debbie Stabenow (D-Mich.) and Thad Cochran (R-Miss.) and other members of the Senate Agriculture Committee for including mandatory funding for Energy Title programs and eligibility for renewable chemicals in draft Farm Bill reauthorization legislation.

Brent Erickson, executive vice president of BIO’s Industrial & Environmental Section, said, “Reauthorization of USDA renewable energy programs with robust mandatory funding will help U.S. companies continue to commercialize innovative biotech processes that convert ag crops and residues to value added products and in doing so create high-quality rural jobs, spur economic growth, and improve environmental health. Granting long-overdue eligibility for renewable chemical projects will revive America’s manufacturing sector and improve U.S. economic competitiveness. We thank the members of the Senate Agriculture Committee, particularly Senators Stabenow and Cochran, and will work with them to renew and expand these effective programs.”

About BIO

BIO represents more than 1,100 biotechnology companies, academic institutions, state biotechnology centers and related organizations across the United States and in more than 30 other nations. BIO members are involved in the research and development of innovative healthcare, agricultural, industrial and environmental biotechnology products. BIO also produces the BIO International Convention, the world’s largest gathering of the biotechnology industry, along with industry-leading investor and partnering meetings held around the world. BIO produces BIOtechNOW, an online portal and monthly newsletter chronicling “innovations transforming our world.” Subscribe to BIOtechNOW.

Upcoming BIO Events

World Congress on Industrial Biotechnology
June 16 – 19, 2013
Montreal, Quebec, Canada

BIO IPCC Conference
November 6-8, 2013
Washington, DC

Pacific Rim Summit on Industrial Biotechnology & Bioenergy
December 8-11, 2013
San Diego, CA

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