Biotechnology Industry Organization renamed Biotechnology Innovation Organization
Date:01-07-2016
To better reflect the remarkable progress and groundbreaking innovations its members achieve in healing, fueling and feeding the world, BIO – the world's largest biotechnology trade association – is changing its name to Biotechnology Innovation Organization. The organization will continue to use the shortened, “BIO” name.
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.
BIO represents biotechnology companies, academic institutions, state biotechnology centers and related organizations across the U.S. 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.
More than 250 biotechnology healthcare products and vaccines are available to patients, many for previously untreatable diseases.
More than 18 million farmers around the world use agricultural biotechnology to increase yields, prevent damage from insects and pests and reduce farming's environmental impact.
More than 50 biorefineries are being built across North America to test and refine technologies to produce biofuels and chemicals from renewable biomass, which can help reduce greenhouse gas emissions.