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.
Cigna’s announcement that it will establish a $250 million healthcare venture fund bodes well for Connecticut’s future. Over time, the…
The Jackson Laboratory Healthcare Forum has become one of the most important and valuable events of the year for the…
Gov. Dannel Malloy has signed a bill lawmakers passed earlier this year that encourages more investment in the state’s growing…
Connecticut held center stage last week as more than 18,000 scientists, biopharma executives, patient advocates, and others congregated in Boston…
In its final day of the 2018 legislative session, the General Assembly approved a bill encouraging more investment in the…
The General Assembly approved major prescription drug legislation in the waning hours of the 2018 legislative session. HB 5384 is…