|10 January 2016|

The world’s largest biotechnology trade association is changing its name to reflect the innovative and groundbreaking work of its members.

Formerly the Biotechnology Industry Organization, it will now be the Biotechnology Innovation Organization (BIO).

In the more than 22 years since its founding, BIO – formerly Biotechnology Industry Organization – has united scientists, entrepreneurs, policymakers and the public to advance breakthrough cures and products in fields ranging from health, food and agricultural to industrial and environmental.

“This name change does not alter our mission or the value we deliver. We are better describing what our members do, who they are and how they think,” BIO president and CEO Jim Greenwood, said. “Our members are some of the most innovative people on the planet. Biotech companies and research institutions are filled with scientists and entrepreneurs who ‘see’ a different future. And then they innovate to change the course of history.”

BIO represents biotechnology companies, academic institutions, state biotechnology centres and related organisations across the US and in more than 30 other countries. BIO members are involved in the research and development of innovative healthcare, agricultural, industrial and environmental biotechnology products.

“Everything we do is focused on improving the world we live in,” Jim said. “Our name and identity need to reflect the accelerating sense of improvement and discovery our members are helping to lead.”

He added: “The public is more hopeful than ever that we can innovate new products that will change the course of their lives and change the course of history.

“BIO’s diverse members – from cutting-edge research institutes, to promising startups to global companies in a wide array of biotechnology and related fields – will continue to drive health, life expectancy and the quality of life to never-before-seen levels. Our members solve the unsolvable.”