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Biotech Industry Overview - Alternative Issue Resolution Considerations & Industry Resources

LMSB-04-0207-019

"This document is not an official pronouncement of the law or the position of the Service and cannot be used, or cited, or relied upon as such."

10. Alternative Issue Resolution Considerations - None at this time.

11. Industry Resources

A. Websites

Name of Site:  Bio.com
URL:  Bio.com
Summary and Available Information:  Broad internet resource for biotechnology news, analysis and web casts.

Name of Site:  Biospace.com
URL:  Biospace.com
Summary and Available Information:  Provides up to the minute biotechnology and pharmaceutical developments, as well as links to other sources of biotech information.

Name of Site:  Signals: The Online Magazine of Biotechnology Industry Analysis
URL:  Recap.com
Summary and Available Information:  A searchable database on alliances between drug and biotech companies, development of biotech products, and company specific information.

Name of Site:  FDA Home Page
URL:  FDA.gov
Summary and Available Information:  Info on Biotech, Pharmaceutical and Medical Device Industries, Regulations, Issues etc.

Name of Site:  Bio
URL:  Bio.org
Summary and Available Information:  Information on the Biotechnology Industry Organization, Members, Events, Issues and Initiatives, and News releases.

B.  Trade Associations
Name:  BIO
Address:  Washington, DC   
Purpose, Goals, Objectives, Etc.
:  Umbrella organization for Bio Technology research companies.

Name:  PhRMA
Address:   Washington, DC
Purpose, Goals, Objectives, Etc.:  Umbrella organization for branded pharmaceutical manufacturing companies, goal is to lobby for health care legislation.

Name:  GPIA
Address:   Washington, DC
Purpose, Goals, Objectives, Etc.:  Association of Generic Manufacturing companies.

C.  IRS and Other Training Courses/Videotapes

Name of Course:  Biotech and Pharmaceutical Emerging Issues
Course Number:  4829(a)
Delivery Method:  IVT and CENTRA
Developer of Course and Procedures to Secure Material:  PFTG Technical Advisors and Industry Counsel for Biotech and Pharmaceutical in conjunction with RFPH Industry Headquarters Training Coordinator.

D.  Trade Magazines and Newsletters

Title:  BioCentury
Frequency of Publishing:  Weekly
Summary of Purpose/Information Included/Availability:  Analysis, interpretation, and commentary on biotech news and developments.

Title:  BioWorld Today
Frequency of Publishing:  Weekly
Summary of Purpose/Information Included/Availability:  Current biotech events.

Title:  Genetic Engineering News
Frequency of Publishing:  Semi-Monthly
Summary of Purpose/Information Included/Availability:  Broad coverage of biotech news and analysis of industry trends.

Title:  Med/Ad/News
Frequency of Publishing:  Monthly
Summary of Purpose/Information Included/Availability:  Covers news and events affecting the medical, pharmaceutical, and biotech marketing industries.

Title:  Scrip
Frequency of Publishing:  Twice Weekly
Summary of Purpose/Information Included/Availability:  International Focus, Legislation, Approvals.

Title:  Pink Sheets
Frequency of Publishing:  Weekly
Summary of Purpose/Information Included/Availability:   U.S. Focus, Legislation, Approvals, Research.

Title:  PharmaBusiness
Frequency of Publishing:  Monthly
Summary of Purpose/Information Included/Availability:  Overview of news, drugs, and pipelines regarding biotech and pharmaceutical companies.

Date of Latest Edition:  January 2000

Title:  Physicians Desk Reference
Summary of Contents:  Contains all approved drugs, indications, ownership and manufacturing facilities.
Date of Latest Edition:  January 2000

Title: Orange Book
Summary of Contents:  Reference guide for marketed products, used principally by Generic Companies.
Date of Latest Edition:  January 2000

Title:  Biopharmaceuticals:  Biochemistry and Biotechnology
Summary of Contents:  Broad overview of biopharmaceutical processes and therapies.

Date of Latest Edition:  April 1999
Title:  Merck Manual
Summary of Contents:  Detailed information on various diseases and medical conditions as well as therapeutics used to treat them.

F.   Internal Revenue Manual Citations - No Information at this time.  Refer to the website bio.org for an overview of the biotech industry and related issues.

G.  AICPA Auditing Standards and Publications 

Date of Issuance:  1999
Title:  Staff Accounting Bulletin No. 101 - Revenue Recognition in Financial Statements
Summary of Information Included:  When should revenue be recognized for financial reporting purposes?

Date of Issuance:  1999
Title:  Statement of Financial Accounting Concepts No. 5 - Recognition and Measurement in Financial Statements of Business Enterprises
Summary of Information Included:  Provides revenue recognition guidance.

H.  Market Segment Specialization Program (MSSP) - No information at this time.

Chapter 9 | Table of Contents | Appendix

Page Last Reviewed or Updated: 03-Mar-2014