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Biocom CEO Advocates in Washington DC; CA’s Primary Elections Results; State Budget Threatens R&D tax credit; Patents, NIH and data privacy statement submissions; and more.
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Biocom Meets with Reps. Liccardo, Auchincloss and NIH
Biocom’s President & CEO, Tim Scott, joined our team in DC to influence the ongoing conversation about maintaining our U.S. competitive edge in biotechnology and medtech R&D. We held a roundtable with Rep. Sam Liccardo (CA-D16) so he could hear our members’ priorities and concerns, sat down with Rep. Jake Auchincloss (D-MA) to provide feedback on his effort to modernize the U.S. clinical trials enterprise and met with the Director of the SEED Office at the National Institutes of Health to discuss how NIH is implementing the changes that the SBIR/STTR reauthorization law brought, including the new criteria for foreign disclosures, new denial categories and application limits. Learn more here.
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Advocating for Our Members
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Federal ► Biocom’s Submissions of Legislative Statements and Regulatory Comments
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State ► R&D Tax Credit at Risk
- California lawmakers have adopted a $356 billion state budget that places a permanent limitation on the state’s R&D tax credit. For the 2027 through 2029 tax years, utilization is capped at $5 million but includes a refundability feature. Starting in 2030, refundability ends and utilization is limited to the greater of $5 million or 70% of the taxpayer’s liability.
- As Biocom continues to advocate for our members’ interests, we stand united and ask that you join us in contacting the governor asking to pursue budget solutions that preserve the tools which have helped build California’s global innovation preeminence.
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San Diego ► San Diego Primary Results Shape Key City and County Races
- Unofficial results from the June 2 primary election show several closely watched San Diego races taking shape ahead of November. In the open City Council District 2 race, former Coronado Mayor Richard Bailey led the field with 35% of the vote, followed by Deputy City Attorney Nicole Crosby with 34%, advancing both candidates to the general election. In the open County Supervisor District 5 race, Rebecca Jones maintained a lead with roughly 38% of the vote, with Kyle Krahel also likely to advance. Approximately 11,000 ballots remain to be processed countywide.
- The outcomes of these races could influence local policymaking on issues relevant to the life science industry, including housing, economic development, infrastructure and permitting.
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Bay Area ► Bay Area Primary Results Signal Continued Support for Pragmatic Governance
- Unofficial results from the June 2 primary election indicate continued voter support for a more pragmatic approach to governance across much of the Bay Area. In San Francisco, candidates aligned with Mayor Daniel Lurie’s reform agenda performed strongly, with Supervisors Stephen Sherrill and Alan Wong winning decisive victories in their respective races. Elsewhere in the region, incumbents Ray Mueller in San Mateo County, Elisa Marquez in Alameda County and Sylvia Arenas in Santa Clara County maintained strong positions in their races as vote counting continued.
- For the region’s life science sector, the results may reinforce momentum behind efforts to strengthen economic competitiveness, expand housing opportunities, improve transportation connections and support continued growth across the Bay Area’s leading life science hubs.
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Greater Los Angeles ► Los Angeles Primary Sets Stage for High-Profile November Runoffs
- Unofficial results from the June 2 primary election have clarified several major races across Los Angeles. In the race to succeed termed-out Supervisor Hilda Solis, State Senator María Elena Durazo maintained a commanding lead and appears positioned to win outright. Supervisor Lindsey Horvath was on track to secure reelection, while Mayor Karen Bass advanced to a November runoff against Councilmember Nithya Raman. On the City Council, Traci Park appeared headed for a second term, while open-seat contests in Council Districts 3 and 9 are expected to continue to November.
- The results underscore ongoing competition between moderate and progressive governing coalitions, with implications for housing production, economic development, infrastructure investment, permitting and the region’s continued growth as a life science hub.
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Federal:
- Results of the June 2nd primary show all running incumbents making it to the general election, including Reps. Bera, Kiley and Sanchez who inherited new districts.
- Reps. Calvert and Kim will face each other in district 40, the only California district with two Republicans in the general election.
- California will welcome at least 6 freshmen to fill the open seats in districts 1, 11, 14, 26, 38 and 48.
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State:
- After a heated race with 61 candidates, Democrat Xavier Becerra and Republican Steve Hilton will advance to the November general election in the race for governor where California Democrats outnumber Republicans nearly two-to-one.
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Biocom Policy & Advocacy
Biocom is the leading advocate for California’s life science sector. Our Policy & Advocacy staff across the Bay Area, Los Angeles, San Diego, Sacramento and Washington, D.C. work with lawmakers and regulators to shape policy and strengthen government relations through coordinated regional, state and federal engagement, supporting industry growth and keeping California globally competitive.
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