Navigation Links
MichBio Responds to Governor's Plan to Repeal Tort Reform Laws
Date:1/30/2008

ANN ARBOR, Mich., Jan. 30 /PRNewswire-USNewswire/ -- In a letter to Governor Jennifer Granholm today, MichBio Executive Director, Stephen Rapundalo, Ph.D., responded to the Governor's State of the State Address wherein she called for a repeal of current tort laws. MichBio is the statewide association for Michigan's life sciences industry.

"MichBio lauds your efforts, and those of the legislature, to diversify the state's economy by focusing on high technology areas like life sciences," said Rapundalo, writing on behalf of MichBio's more than 230 members. "However, a repeal of existing tort laws would be a detriment to the life sciences industry, would reverse 10 years of steady growth, neuter the economic development impact of the 21st Century Jobs Fund, and without a doubt diminish future investments in this market sector."

Rapundalo indicated that biotechnology and life science companies face many difficult challenges, a risk-averse investor climate, and lengthy and costly research and development timelines.

"Reversing current law would send a strong message that Michigan is not open for business, forcing new and existing biotech companies to look elsewhere to invest. Companies will not pursue their R&D plans with the knowledge or potential for litigation waiting for them at the end of their commercialization pathway. Repeal will result in a loss of current Michigan jobs and discourage any future biotech business investments and job creation in Michigan."

Noting that drugs and medical devices are the most regulated products around, Rapundalo said, "Less than 1/100 of a percent of potential medications investigated survives the FDA regulatory review gauntlet and become product launches. The contention that lay juries with no medical or science training, or understanding of the new drug application process, are better judges of relatively brief testimony, as opposed to the 12-18 month exhaustive review by experts in the field, is i
'/>"/>

SOURCE MichBio
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2

Related biology technology :

1. MichBio Expo Opens in Lansing Next Week
2. MichBio Announces Student Career Day at Michigan State University
3. MichBio Issues 2007/8 Michigan Life Sciences Directory and Resources Guide
4. MichBio Announces Expo Tours; Extends Deadline for Innovator Showcase Applications
5. Michigan Life Sciences Pipeline to Kick Off MichBio Expo
6. CellCyte Genetics Corp. Responds to Plaintiff Law Firm Press Releases
7. Bio-Identical Hormone Menopause Doctor Responds to Recent FDA News About Estriol
8. Bio-Identical Hormone Menopause Doctor Responds to Outrageous FDA News
9. CryoLife Responds to Inaccurate Assertions from Plaintiffs Attorney
10. GlaxoSmithKline Responds to JAMA Article on the ICES Thiazolidinediones and Cardiovascular Outcomes in Older Patients with Diabetes
11. Michigan Catholic Conference Responds to Formation of Embryonic Stem Cell Research Ballot Committee
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/21/2014)... 21, 2014 Lawrence Livermore ... Board (WIB) and Las Positas College (LPC) recently ... education and hands-on training for veterans, officials recently ... at Las Positas is designed to help ... engineering technician careers, and establishes a pipeline of ...
(Date:7/21/2014)... July 21, 2014  Mike Patterson, CEO of ... million in Series Seed B funding to finance ... for the life science, defense, intelligence, and environmental ... led the round and was joined by R2M ... Said Patterson , "This round of funding will ...
(Date:7/19/2014)... 2014 United States Non-Vascular Stents ... new report, "United States Non-Vascular Stents Market Outlook ... United States Non-Vascular Stents market. The report provides ... units) and average prices (in US dollars) within ... and Metal Biliary Stents (Metal Non-Covered Biliary Stents, ...
(Date:7/18/2014)... Reflecting the importance of the evolution of Houston’s real estate ... founder and president of Customized Real Estate Services , ... approach to the firm’s branding. , According to Ms. ... of his or her commercial clients have grown exponentially over ... in this market to fully embrace the potential for helping ...
Breaking Biology Technology:Engineering Program Established for Veterans 2Engineering Program Established for Veterans 3Global Graphene Manufacturing Leader, Graphene Frontiers, Receives Series Seed B Funding To Assure Production Of The Next Generation Of Biological And Chemical Sensor Technology 2United States Non-Vascular Stents Market Outlook to 2020 | Researchmoz 2United States Non-Vascular Stents Market Outlook to 2020 | Researchmoz 3United States Non-Vascular Stents Market Outlook to 2020 | Researchmoz 4LEED AP Certified ITRA Global / Customized Real Estate Services Introduces New Approach to Its Branding 2
... Okla., April 14 Aaron,s Bridge presents Autism ... 13-14, 2009, at The Embassy Suites Hotel and ... The conference will feature seminars devoted to educating ... MD; Bryan Jepson, MD; Dan Rossignol, MD; and ...
... April 14 Bio-Optronics, Inc. and ... to cross-market and integrate Bio-Optronics, Clinical Conductor Clinical ... Data Capture (EDC) solution. This aligns the industry,s ... to provide clinical research with the best tools ...
... New Vice President of Healthcare Brings 22 Years ... April 14 Prolifiq Software, Inc., today announced ... as vice president of healthcare. In this role, ... email messaging services for sales representatives in the ...
Cached Biology Technology:Defeat Autism Now!(R) Regional Conference to be Held in Oklahoma June 13-14, 2009 2Bio-Optronics Adds Innovative Electronic Data Capture (EDC) Solution to Clinical Conductor Clinical Trial Management System (CTMS), Continues to Improve Workflow and Productivity 2Prolifiq Further Expands Into Medical Markets With New Hire Maureen A. Shaffer 2Prolifiq Further Expands Into Medical Markets With New Hire Maureen A. Shaffer 3
(Date:7/21/2014)... of California, San Diego School of Medicine-led study suggests ... the potentially serious health consequences of childhood weight gain ... their child reach a healthy weight. , The study ... Academy of Nutrition and Dietetics . , "Parents have ... activity behaviors," said lead author Kyung Rhee, MD, and ...
(Date:7/21/2014)... infectious diseases, vaccination, antibiotic resistance, and cheating in ... by leading bacteriology, virology, and mycology experts in ... Societies congresses (IUMS) from July 27 to August ... 80 countries are expected at the 14th International ... International Congress of Mycology and Eukaryotic Microbiology, and ...
(Date:7/21/2014)... 154 hotspots in areas across Riau province on Sunday, ... again following a decline in rainfall. The number ... than what had been reported one day prior, which ... scattered in six regencies and municipalities, most of which ... related haze it creates could potentially spread via winds ...
Breaking Biology News(10 mins):Parents rank their obese children as 'very healthy' 2Montreal hosts International Union of Microbiology Societies congresses 2
... optical images of diseased tissues. So, four years ago ... Now, Wilson, a professor of biomedical engineering at Case ... in preclinical imaging studies. And he can pinpoint exactly ... Called cryo-imaging, the system enables Wilson and collaborators ...
... a huge number of new species of invertebrate animals ... harsh conditions of the Australian outback. A national ... of invertebrates, which include various insects, small crustaceans, spiders, ... by Professor Andy Austin (University of Adelaide), Dr Steve ...
... at the University of Pittsburgh received two grants totaling ... Health (NIH) to explore new methods for cultivating replacement ... million, five-year Transformative R01 (T-R01) grant presented to Eric ... Medicine and a researcher in Pitt and UPMC,s jointly ...
Cached Biology News:Getting down to details 2Researchers go underground to reveal 850 new species 2Pitt researchers net $5 million from NIH to explore better ways to grow cells for regenerative medicine 2Pitt researchers net $5 million from NIH to explore better ways to grow cells for regenerative medicine 3
... The genus Salmonella is a member of ... Gram-negative bacilli that are facultative and flagellated (motile). ... flagellar antigen (phase 1 & 2), the "O" ... and the "Vi" or capsular antigen (referred to ...
... sequence: H-Ala-Cys-Asp-Thr-Ala-Thr-Cys-Val-Thr-His-Arg-Leu-Ala-Gly-Leu-Leu-Ser-Arg-Ser-Gly-Gly-Val-Val-Lys-Asn-Asn-Phe-Val-Pro-Thr-Asn-Val-Gly-Ser-Lys-Ala-Phe-NH 2 ... corresponding peptide and ... 5 I-labelled peptide, please ... and ([ 1 ...
This free-standing laminar flow hood provides a horizontal flow of HEPA-filtered air to create a clean processing area. Air return slots along the front and side edges of the work area enhance system...
...
Biology Products: