Establishing a prescription drug affordability board (#PDAB) in Virginia could stifle critical innovation, deter local investment, and limit patient access to lifesaving treatments. That’s why Virginia Bio sent a letter urging Governor Glenn Youngkin to veto House Bill 1724. Virginia Bio remains committed to advocating for policies that preserve Virginia’s life sciences innovation ecosystem and access to patient care. Read more: https://shorturl.at/nhfnh
Virginia Bio
Biotechnology Research
Richmond, VA 4,495 followers
connecting the life sciences community
About us
The Virginia Biotechnology Association (Virginia Bio), formed in 1992, is the premier statewide non-profit trade association representing the life sciences industry in the Commonwealth of Virginia. More than 200 member organizations have joined forces to make Virginia Bio an effective advocate for the biopharmaceutical and device industries before federal, state and local policy-makers. Virginia Bio is the official state affiliate of the Biotechnology Industry Organization (BIO), in Washington, D.C. Professional service firms, research labs and all manner of bioscience companies are welcome to participate. To join Virginia Bio, please visit us at www.vabio.org, on X @vabio or via our Facebook page, Facebook.com/virginiabio.
- Website
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http://www.vabio.org
External link for Virginia Bio
- Industry
- Biotechnology Research
- Company size
- 2-10 employees
- Headquarters
- Richmond, VA
- Type
- Nonprofit
- Founded
- 1992
- Specialties
- Advocacy, Networking, Business Development, Partnering, Life Sciences, and Biotechnology
Locations
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800 E. Leigh St.
Suite 14
Richmond, VA 23219, US
Employees at Virginia Bio
Updates
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💰💰 Virginia Catalyst is giving Life Sciences in Virginia another big boost! Up to $800,000 per project in non-dilutive hashtag #funding is available! 🚀 If you have a collaborative project that addresses unmet needs in improving human health and has the potential to create high-paying jobs in Virginia, now is your chance. 📅 Submit your Letter of Intent by March 14, 2025! 🔗 For detailed criteria and instructions: https://bit.ly/3svC2Ux #grant #applynow #virginiacatalyst #researchrhombus
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“This year’s attempt to enact a PDAB, House Bill 1724, would, again, stifle necessary investments in continued research and development, threatening the ability of Virginia biotechnology companies to bring new medicines to market, decimating capital investment in Virginia pharmaceutical companies and reducing patient access to healthcare,’ Newby wrote.” In a recent Virginia Scope article, Virginia Bio CEO John Newby underscores the devastating impact a Prescription Drug Affordability Board (#PDAB) will have for the Commonwealth’s life sciences and biotechnology sectors, as well as the patients who rely on them to access innovative treatments. Virginia Bio urges Youngkin Glenn A. to veto House Bill 1724! Read more today: https://bit.ly/4h1EHZs
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"A drug affordability board would negatively impact jobs in Virginia, said John Newby, CEO of Virginia Bio.” In a new @RichmondTimesDispatch article, Virginia Bio CEO John Newby shares why #HB1724, legislation to establish a #PDAB in Virginia, would harm the Commonwealth’s leading life sciences industry. Virginia Bio urges Governor Youngkin to veto #HB1724 and protect local jobs and businesses. Keep reading to learn more: https://bit.ly/3D9nqzz
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Join Virginia Bio CEO, John Newby, for an insightful conversation on the latest developments in Virginia’s biotech ecosystem. This quarterly virtual chat is your opportunity to connect, ask questions, and gain valuable insights into the industry’s growth, challenges, and opportunities. Featured on this call will be Aiken Hackett, Senior Vice President, Federal Government Relations at Biotechnology Innovation Organization. With all of the action happening at the federal level with resource constraints at all of the healthcare innovation agencies (and more), we are very pleased to have Aiken join us for a brief update on the current state of play and BIO's advocacy. 📅 First session: March 4th ⏰ Time: 8:30 AM 🔗 https://bit.ly/40FHkdm Register today and be part of the conversation #Getyourquestionsready #Innovation #researchrhombus #federalpolicy
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Innovation in medicine is vital, especially for the 1 in 10 Americans living with rare diseases. But in Virginia, House Bill 1724 (#HB1724) could hinder the development of new treatments by establishing a prescription drug affordability board (#PDAB). The result? Fewer investments in life-saving medications and devastating setbacks for the patients counting on the next innovative treatment. This #RareDiseaseDay, let’s come together to ensure our Commonwealth’s rare disease community can access cutting-edge treatments and cures. Virginia state lawmakers and Governor Glenn Youngkin must oppose #HB1724 and protect rare disease patients. #InnovationInHealthCare #RareDiseaseDay2025 #PatientAdvocacy Learn more: https://bit.ly/48lKgxi
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🌱 Register now! Virginia Bio is teaming up with NC Life Sciences Organization, The Institute for Advanced Learning and Research, and North Carolina Biotechnology Center (NCBiotech) for #AgBio2025! 🌾 Join us as we explore agricultural resilience from a regional perspective with experts from North Carolina & Virginia. 📍 April 8 | Tour & Reception at NC State University’s Plant Sciences Building (4-7 PM) 📍 April 9 | Full Program at NC Biotech Center (RTP) covering policy, education, start-ups, the bioeconomy & controlled environment ag 🚨 Early bird pricing ends TOMORROW! Don’t miss out—register now! https://bit.ly/3CvSZ6y #Earlybirdpricing #Innovation #discounts #Collaboration #AgriculturalResilience
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🎉 We’re thrilled to welcome Microbiome Alliance for Disease Prevention and Skyphos Technologies to our community! These #innovative companies are making incredible strides in our ecosystem and we’re excited to have them join us. Be sure to connect with them and learn more about the impactful work they’re doing. Let’s give them a warm welcome! 👏 #WelcomeNewMembers #Community Cassandra Isley, MT(ASCP) Elliot McAllister
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Virginia Bio sent a letter today to Governor Glenn Youngkin urging him to veto House Bill 1724 (HB 1724), legislation that would establish a #PDAB in Virginia. Establishing a PDAB in Virginia would stifle necessary investments in continued research and development, threatening the ability of Virginia biotechnology companies to bring new medicines to market, decimating capital investment in Virginia pharmaceutical companies and reducing patient access to healthcare. We need policies in place that will protect investment in our local life sciences industry and patient access to care. Read the full letter today: https://bit.ly/4kfc0Ll
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Join Virginia Bio and NC Life Sciences Organization at AgBio 2025 on April 9 in RTP, NC, where industry leaders will discuss education and support for agbio startups and more! 🎤✨ 🔬 Hear from experts like: 💡 Kody Cobb – Vice President, Middleland Capital Ag Partners & VTC Ventures 🚀 Krista Covey – CEO, First Flight Venture Center 🌱 Braden Croy – Program Director, Dominion Energy Innovation Center 🌍 Frank Klemens – Managing Director, Big Idea Ventures 🌾 Phil Taylor – Director, Open Innovation & Outreach, Bayer Don't miss your chance to connect, learn, and grow in the future of AgBio innovation! 🌎 📅 April 9, 2025 | 📍 NC Biotechnology Center, RTP 🔗 Register now: https://bit.ly/3CvSZ6y #AgBio2025 #AgTech #Startups
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