WASHINGTON--(BUSINESS WIRE)--BIO President and CEO Jim Greenwood issued the following statement in response to President Obama’s State of the Union speech:
“We commend President Obama’s call for creating an economy that is ‘built to last.’ We strongly believe that biotechnology can meet this challenge. Our industry sustains and creates high-wage, high-value U.S. jobs, fuels 21st century manufacturing and helps drive U.S. leadership in competitiveness and innovation. Most importantly, biotechnology offers lifesaving and innovative scientific breakthroughs through the development of new cures and treatments for debilitating diseases including cancer, Multiple Sclerosis and HIV/AIDS and by providing cutting-edge technologies to address pressing concerns in creating alternative energy sources, combating hunger, and protecting against bio-terror.