BIO President and CEO Jim Greenwood issued statement in response to the introduction of the STRONG Patents Act of 2015 by Senator Chris Coons (D-DE). According to Greenwood, BIO supports balanced reforms to reduce abusive patent practices, while maintaining the strong incentives necessary to sustain nation’s global leadership in biotechnology innovation and the creation of high-wage, high-value jobs throughout country. STRONG Patents Act of 2015 achieves this critical balance.