1 / 7

Public Policies Impacting the Life Science Ecosystem

Public Policies Impacting the Life Science Ecosystem. BioUtah. Our Mission Build Utah’s life science ecosystem; enable success and advance innovation for our members Our Vision Utah to be recognized as a respected global leader in life science innovation that improves the quality of life

omer
Download Presentation

Public Policies Impacting the Life Science Ecosystem

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Public Policies Impacting the Life Science Ecosystem

  2. BioUtah • Our Mission • Build Utah’s life science ecosystem; enable success and advance innovation for our members • Our Vision • Utah to be recognized as a respected global leader in life science innovation that improves the quality of life • Our Goals • Educate to retain and attract life science talent in the state • Ensure access to public and private capital and new investment incentives • Lead public policy efforts for the life science ecosystem • Develop valuable networks and collaborations

  3. BioUtah’s Public Policy Matrix 2015-16

  4. Federal Issues • Repeal the Medical Device Tax • FDA Reform • 21st Century Cures Legislation • PDUFA/MDUFA Reauthorization • Patent Litigation Reform • H.R. 9, The Innovation Act • S. 1137, The Patent Act • Reimbursement for Innovative Drugs, Technologies and Diagnostics • Changing healthcare system • New Drugs, Technologies and Diagnostics that need new payment models

  5. State Issues/ Initiatives • Private Funding Gap • Increase TCIP Funding • Fund Life Science Tax Credit for private investment • Talent Recruitment and Retention • Support GOED’s Talent Recruitment and Retention initiatives • Support continued funding of STEM Action Center • Advance funding for Utah Life Science branding campaign • Success – Defeating Taxing the Life Science Industry the State match on the Medicaid Expansion • Testified against taxing the life science industry to help pay for Medicaid Expansion

  6. BioUtah Recent Successes • Defeated Taxing the Life Science Industry to fund the State match for Medicaid Expansion • Worked collaboratively with national organizations and BioUtah members to educate policy makers on the impact a tax on industry would have on job and economic growth in Utah • Testified against taxing the life science industry to help pay for Medicaid Expansion • Released the BioUtah State of the Utah’s Life Science Industry Report • Held policy briefing on Capitol Hill for policy makers and business leaders • Met with Utah’s Federal Delegation, introduced them to BioUtah and educated on our key policy priorities • Met with Senator’s Hatch and Lee on the impact patent litigation reform on LS ecosystem

  7. Get Involved! • Join BioUtah • Be proactive and become an active member of BioUtah’s Legislative Policy Committee • Contact Kelly Slone at Kelly@bioutah.org

More Related