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Legislative Priorities

The Iowa Biotechnology Association is the state affiliate organization of the Biotechnology Industry Organization (BIO). BIO is a national organization representing more than 1,000 biotech companies, academic institutions, state biotech centers and related organizations in all 50 U.S. states and 33 other nations. Our Association enjoys the benefits of the membership in BIO as well as the Council of State Bioscience Associations.  Through this relationship, Iowa Biotech participates in an annual BIO Fly-In, a program that brings over 1,000 leaders of the national biotech industry to lobby Congress.

The Association has worked steadily to establish a strong identity for the industry and speak with one voice for our diverse membership, seeking to influence policies on both the state and federal level that will enable more efficient growth for Iowa and the United States.

We advocate actively on our members’ behalf to create investment and partnership opportunities, attract and retain the very best people, and support public policy that fosters their continued growth.

Download 2023 Legislative Priorities

ECONOMIC DEVELOPMENT:

Business
Climate,
Tax
Credits,
& Tax
Policy

IowaBio’s diverse members, from startups to international industry leaders, positively impact the Iowa economy and provide high-paying jobs to Iowa workers. To continue to provide a business climate where companies in these fast-growing industries can thrive, IowaBio members overwhelmingly support tax policy that is competitive, growth-oriented, simple/straightforward, permanent, predictable, certain, fair, and responsible. IowaBio supports targeted economic development programs that support Iowa’s specialized bioscience economy and draw investment into Iowa’s growing companies.

  • IowaBio will take a lead role in coalition and advocacy efforts to advocate for bioscience-related tax credits and economic development programs such as the research activities tax credit, the renewable biochemical tax credit, and angel investor tax credits.
  • IowaBio supports the Renewable Fuels Infrastructure Program and biofuels tax credits.
  • IowaBio will support funding resources to enhance the State’s biotech ecosystem.

PHARMACEUTICALS AND PUBLIC HEALTH:

Drug
Pricing,
Vaccines,
& Patient
Access

IowaBio member companies are some of the top innovators in the pharmaceutical development space. They provide invaluable impact on patient health and quality of life, as well as cutting-edge research and development and the ability to draw in public and private investment to Iowa.

  • IowaBio will closely monitor and evaluate any anticipated legislation or regulations regarding the federal 340B Program, drug pricing and transparency.
  • IowaBio supports co-pay accumulator legislation to benefit patients.
  • IowaBio supports strong, science-based immunization policies and opposes additional exceptions to Iowa’s law requiring childhood vaccinations. IowaBio will strive to be a resource to the legislature and other stakeholders on Industry’s efforts to research and develop innovative vaccines and treatments for COVID-19 and other vaccine-preventable diseases, including vaccine dissemination, effectiveness, and safety.
  • IowaBio supports biomarker testing, rare disease advisory council and non-medical switching/continuity of care legislation.

BIOSCIENCE TALENT PIPELINE:

STEM
Education
& Workforce
Initiatives

IowaBio’s member companies care deeply about a robust talent pipeline and a strong workforce in STEM fields. One of IowaBio’s core purposes since its formation has been to foster Iowa’s vibrant, diverse talent pipeline. Through our support of STEM education, and our Future Biotech Leaders Fund, IowaBio creates meaningful partnerships in order to support students, teachers, schools, colleges, and universities through scholarships, stipends, programming and competitions that encourage and enrich STEM education.

  • IowaBio supports legislation that funds and enhances STEM workforce attraction and retention programs including STEM internships, STEM Best, Future Ready Iowa, and Empower Rural Iowa.

INTELLECTUAL PROPERTY:

IP Rights
& Innovation
Protection

IowaBio will closely monitor any legislation affecting intellectual property rights to ensure its member companies can continue to develop and protect their most important asset—their innovations.