
The Biotechnology Industry Organization was created by the merger of IBA and the ABC
On Jul. 1, 1993, the Biotechnology Industry Organization (BIO) was created through the merger of the Industrial Biotechnology Association (IBA) and American Biotechnology Council (ABC) at the organizations’ annual meeting in North Carolina.
Today, BIO is the world’s largest trade association representing biotechnology companies, academic institutions, state biotechnology centers and related organizations across the U.S. and more than 35 countries around the globe.
BIO members range from biotech start-ups to some of the world’s largest biopharmaceutical companies – all united by the same goal: to develop medical and scientific breakthroughs that prevent and fight disease, restore health, and improve patients’ lives.
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Source: Biotechnology Industry Organization
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