BRIEF—BIO releases bioscience economic development guide

US trade group the Biotechnology Innovation Organization (BIO) released “Transforming Ideas into Advances: Best Practices in State and Regional Bioscience Economic Development Initiatives” yesterday at the 2019 BIO International Convention.

The fifth edition of the Best Practices Guide is the bioscience industry’s leading comprehensive analysis of state legislative and regulatory initiatives in support of economic development.

“The policies our elected officials pursue directly impact the ability of bioscience companies to turn breakthroughs in the lab into life-saving medications on the pharmacy shelf,” said Jim Greenwood, president and chief executive of BIO.

“This report demonstrates that amid challenging budget environments, state elected officials continue to lead and support economic development initiatives that encourage the type of innovation that leads to new bioscience products and continued job growth,” he added.