Colorado BioScience Association is a member of the Council on State Biotechnology Associations (CSBA), a confederation of state-based, non-profit trade organizations each governed by its own board of directors. Read CBSA’s State and Federal Funding Update.
“Today, the US biotech industry employs nearly 2.3 million people across the US and is making positive contributions to economic impact and national security across all 50 states. In fact, for every dollar the National Institutes of Health (NIH) contributes to a successful drug, the private sector invests over $65, underscoring the agency’s unparalleled return on investment.
As the associations representing the bioscience industry across the nation, the Council on State Biotechnology Associations (CSBA) is concerned by recent guidance that would cut funding provided by the NIH to universities, hospitals, and other institutions that perform critical early-stage research.
NIH grant funds are a critical component of our innovation ecosystem. Grants for basic research are…
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