BIO Commemorates the 25th Anniversary of the Orphan Drug Act.WASHINGTON -- Biotechnology Industry Organization Biotechnology Industry Organization or BIO was founded 1993 in Washington, DC. James C. Greenwood is BIO's current President. External links
"Today we celebrate the 25th anniversary of the Orphan Drug Act. The law has led to a vast increase in the number of therapies available to the more than 25 million Americans living with one of the 7,000 recognized rare diseases and significantly contributed to the growth of the biotechnology industry. "The biotech industry has historically taken financial risks to develop therapies and cures to serve small patient populations suffering from rare, devastating dev·as·tate tr.v. dev·as·tat·ed, dev·as·tat·ing, dev·as·tates 1. To lay waste; destroy. 2. To overwhelm; confound; stun: was devastated by the rude remark. diseases. The Orphan Drug Act established some necessary protection to attract the investment required to research and develop these breakthrough technologies." "In the ten years before the Orphan Drug Act was signed into law, only ten new drugs were developed for rare diseases. In the past 25 years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time Food & Drug Administration has approved more than 300 drugs to treat orphan diseases. "BIO also recognizes the anniversary of the establishment of the National Organization for Rare Disorders (NORD Nord (nôr), department (1990 pop. 2,533,000), N France, bordering on the North Sea and Belgium. Lille is the capital. ) which serves patients with rare diseases." Further information on NORD is available at www.rarediseases.org. About BIO BIO represents more than 1,100 biotechnology companies Top 100 Biotechnology Companies The following is a list of the top 100 biotechnology companies ranked by revenue. The first nine companies qualify for the list of the top 50 pharmaceutical companies. , academic institutions, state biotechnology centers and related organizations across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and 31 other nations. BIO members are involved in the research and development of healthcare, agricultural, industrial and environmental biotechnology products. BIO also produces the annual BIO International Convention, the global event for biotechnology. www.bio.org Upcoming BIO Events -- BIO-Asia Partnering Conference January 28-29, 2008 Tokyo, Japan -- BIO CEO & Investor Conference February 11-13, 2008 New York, NY -- Partnering for Global Health March 10-12, 2008 Washington, DC -- BIO-Europe Spring April 7-9, 2008 Madrid, Spain -- World Congress on Industrial Biotechnology & Bioprocessing April 27-30, 2008 Chicago, IL -- BIO International Convention June 17-20 San Diego, CA |
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