Independent Biotechnology Industry Organization Founded

From BioPortfolio.com:

"Leading companies from the German biotechnology sector have established a new and independent industry association: the Biotechnologie-Industrie-Organisation Deutschland - or BIO Deutschland.

Whether the issue was the stem cell debate, the new Genetic Engineering Act or the Bio-Patent Directive - many entrepreneurs and managers were all but satisfied with the previous public perception of the interests and possibilities of the German biotech industry. Now BIO Deutschland is set to channel and focus all efforts that promote 'the development of an innovative industry sector on the basis of modern life sciences'."