MichBio Responds to Governor's Plan to Repeal Tort R...(rresponsible. The tortsystem is simply i...)

"So let's leave product liability to the experts, and leave the tort system as is. Current law and process present an appropriate balance whereby the FDA is allowed to perform its regulatory duties, but allowing for punishment of companies that willfully withhold information or interfere with the drug approval process. Let's not unduly raise the risks for the many due to failures of the few, where current law and tort reform already provides for meaningful recourse to the injured. Michigan residents are already more than adequately protected."

Rapundalo said the issue of tort reform may be politically expedient, but it is not a benefit in practical terms. "We have made so much progress in Michigan, especially in the face of difficult economic times. I know the state would like to see the growth in the life sciences community continue, but changing these laws could do irreparable harm to all of the progress that we have made. The proposed repeal is simply at odds with our state's economic development strategy at a time when we can least afford further losses in the life sciences industry."

MichBio is committed to driving the growth of Michigan's life science industry and to fostering the collective impact of its members by serving as their unified voice and by providing them with education, information, connections and other services. MichBio members include life sciences companies, academic and research institutions, bioscience service providers, and related organizations.