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