The Connecticut Business & Industry Association is the voice of business in Connecticut, with thousands of member companies championing change at the State Capitol, shaping debate about economic competitiveness, and fighting for a better future for all.
The Connecticut Bioscience Growth Council consists of representatives from CBIA member companies with biotech, pharmaceutical, and bioscience-related interests.
It was organized to better address the issues affecting this growing sector, especially the importance of strong intellectual property protection and the industry’s uniquely high R&D costs.
Working with CBIA staff, the council communicates to policymakers strategies to fuel industry job growth and timely introduction of new medicines, medical devices, and products developed and/or manufactured with the aid of bioscience.
The council will represent the interests of biotech and biopharma companies—large and small—at the State Capitol and regulatory agencies, providing greater advocacy support and resources, and developing an overall plan for better positioning these companies at the state, regional, and national level.
Council members meet regularly and interacts with the Connecticut General Assembly’s Life Sciences Caucus and Connecticut’s Congressional delegation.
The council is led by CBIA’s Paul Pescatello.
As part of the council’s advocacy efforts, Pescatello works to enhance and secure important policies, such as the research and development tax credit for both established and early-stage companies.
In addition to representing the biotech and biopharma industries at the state level, Pescatello serves as president of the New England Biotech Association, chairs We Work for Health Connecticut, and works closely with the Biotechnology Industry Organization.
This year, Connecticut has the opportunity to adopt legislation that would bring biosimilars to the state and lower drug costs….
The 2017 General Assembly session opens Jan. 4 with Connecticut, yet again, under a dark fiscal cloud. Huge projected budget deficits…
Connecticut climbed three places to sixth overall in the Milken Institute’s 2016 State Technology and Science Index, the state’s best ranking…
CBIA talks with Connecticut Department of Economic and Community Development deputy commissioner Bart Kollen about the agency’s business ambassador program….
Prescription medicines account for only about 10% of healthcare spending. Surprisingly, drug pricing often takes center stage in concerns over rising…
A proposal to tax prescription opioid medicines has its heart in the right place but is ineffective policy that would…