WASHINGTON, D.C. – Representative Trey Hollingsworth (IN-09) received the ‘Innovator in Biotechnology’ Award from the Biotechnology Innovation Organization (BIO) in recognition of his efforts to embrace the value of biotechnology and promote public policies to unleash the potential of life-saving innovations. BIO gives this award to Members of Congress who have been collaborative partners, advocates, and champions for the biotechnology and life sciences industries.
“The next generation of cures to combat illnesses that plague Hoosiers depends on investment in cutting edge, scientific and medical research, and development,” said Rep. Trey Hollingsworth. “We need to ensure that costly federal regulations don’t detract from these advancements or biotechnology careers in Indiana.”
“Indiana’s biotechnology and life sciences community is of vital economic importance to our state, providing higher-paying, technically skilled jobs directly to more than 58,018 Hoosiers, who are working tirelessly to help discover new cures and treatments for patients,” said Kristin Jones, President and CEO of Indiana Health Industry Forum (IHIF). “And these workers and researchers back home have no better champion in Washington, DC, than Rep. Trey Hollingsworth (IN-09), who helps ensure that they can go to work every day at nearly 1,730 Indiana business establishments, all with the shared common goal of innovating to help patients in need of life-saving medications.”
In February, the House of Representatives passed H.R. 1645, the Fostering Innovation Act, introduced by Rep. Hollingsworth and Rep. Kyrsten Sinema (D-AZ) to help ensure that costly regulations don’t stand in the way of successful biopharmaceutical research.
BIO is the world’s largest biotechnology trade association currently celebrating 25 years of helping create an environment for successful innovation across healthcare, agricultural, industrial and environmental biotechnology which is transforming how we heal, fuel and feed the world.
According to the 2016 TEConomy/BIO report, the state of Indiana is home to more than 1,730 biotechnology and life science establishments, employing more than 58,018 individuals with an average salary of more than $93,567.
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