logo
NSCEB Announces Biotech Across America Roadshow, Makes First Stop in North Carolina

NSCEB Announces Biotech Across America Roadshow, Makes First Stop in North Carolina

Yahoo06-06-2025
NSCEB is launching a 3-month tour of the booming U.S. biotechnology ecosystem
RALEIGH, N.C., June 6, 2025 /PRNewswire/ -- Yesterday, NSCEB Vice Chair Michelle Rozo kicked off the Commission's Biotech Across America roadshow in North Carolina where she met with multiple members from across North Carolina's biotechnology ecosystem.
This summer, the NSCEB is hitting the road to highlight Biotechnology Across America, including the companies, academic institutions, industry alliances, workforce development programs, and policy initiatives that are driving the future for this rapidly growing industry. Commissioners intend to continue learning about the work being done across this vibrant ecosystem while engaging on the key findings and recommendations from the Commission's recent report to Congress.
To follow the NSCEB's roadshow progress, visit: www.biotech.senate.gov. As events are scheduled, information will be updated.
"The Commission's job is far from finished," said Dr. Michelle Rozo, Vice Chair of the NSCEB. "We are taking our report on the road and continuing the conversation with the people across America doing biotech work everyday. Together we can strengthen this vital ecosystem and advance our national and economic security."
For the first stop in North Carolina, Vice Chair Rozo started in Raleigh where she discussed the state of the NC biotechnology industry with leaders from the North Carolina Biotechnology Center (NCBiotech) before meeting with Co-Chairs of the NC General Assembly's Life Sciences Caucus. She also joined leaders from industry and academia for a roundtable discussion on the ways North Carolina's leadership in biopharma manufacturing and workforce development is powering national progress across the biotech industry.
Vice Chair Rozo and NSCEB staff then traveled to Franklinton, NC, to tour the Novonesis enzyme manufacturing facility, discuss recent agricultural biotechnology innovations that can serve as a cornerstone for national security, economic independence, and agricultural resilience. The group then closed the day by meeting with members of the North Carolina agricultural and industrial biotechnology community at a showcase of local biotech innovations.
"For more than 40 years, NCBiotech and the state of North Carolina have been strategically investing in biotechnology and the life sciences," said Doug Edgeton, president and CEO of NCBiotech. "Given this critical moment for advancing U.S. leadership in biotechnology for national security and economic resilience, North Carolina is well positioned to execute on the Commission's recommendations, particularly around biomanufacturing, training, and domestic onshoring of critical supply chains for healing, feeding, and fueling the world."
"The proactive measures proposed by the National Security Commission underscore a pivotal moment, not just a vision for a bio-based future, but the recognition that biotechnology and biosolutions are already shaping our world today," said Tue Micheelsen, President of Novonesis North America. "The tools to solve complex challenges and improve lives exist now, we simply need to amplify and extend them to reach everyone. At Novonesis, we are committed to accelerating this momentum, working to ensure these powerful innovations benefit communities everywhere. We invite all stakeholders, from policymakers to local leaders, to join us in expanding access to biology-driven solutions. Together, we can build a more sustainable, secure, and prosperous world."
"The life sciences industry in North Carolina has been built on a strong foundation of support from our state legislature, municipalities and colleges and universities," said NCLifeSci President Laura Gunter. "The state's focus and foresight has built North Carolina into one of the nation's leading hubs for agricultural technology, defense, biotechnology and pharmaceuticals."
Additional North Carolina participants included:Co-Chairs of NC Life Sciences Caucus (Rep. Donna White, Rep. Robert Reaves, Sen. Jay Chaudhuri, Sen. Benton Sawrey), North Carolina Life Sciences Organization, NC Biotechnology Center, Office of U.S. Senator Budd, Office of U.S. Senator Tillis, Office of U.S. Representative Rouzer, FUJIFILM Biotechnologies, North Carolina State University (BTEC, Plant Sciences Initiative, Bezos Center for Sustainable Protein, and Department of Food, Bioprocessing, and Nutrition Sciences), Ferment, Sable Fermentation, Elo Life Systems, Franklin County Economic Development, North Carolina Chamber of Commerce and Chamber Foundation, McGuireWoods, American Alliance for Biomanufacturing, BioMason, BIOME Consortia, TerraSafe, DMC Biotechnologies, Franklin County Schools, Innatrix, Keel Labs, Kiwanis Foundation of Franklin County, Iluma, North Carolina Farm Bureau, Novo Nordisk, Novonesis, Pairwise, PRTI Inc., SAS, Tar River Trading Post, United Way, Vance Granville Community College, Verb Biotics
About NSCEB: The National Security Commission on Emerging Biotechnology is a time-limited, high-impact legislative branch advisory entity whose purpose is to advance and secure biotechnology, biomanufacturing, and associated technologies for U.S. national security and to prepare the United States for the bioindustrial revolution. The Commission published a comprehensive report in April 2025, including recommendations for action by Congress and the federal government. The bipartisan Commission is composed of Congressionally-appointed Commissioners with members from both the Senate and the House of Representatives as well as experts from industry, academia, and government. For more information about the Commission and to view the report, visit biotech.senate.gov.
About Novonesis: Novonesis is a global company leading the era of biosolutions. By leveraging the power of microbiology with science, we transform the way the world produces, consumes, and lives. In more than 30 industries, our biosolutions are already creating value for millions of consumers and benefitting the planet. Our 10,000 people worldwide work closely with our partners and customers to transform business with biology. Learn more on www.novonesis.com
About NCBiotech: Since 1984, the North Carolina Biotechnology Center has led life sciences technology-based economic development for the state by supporting the progression of ideas from the research lab to the marketplace. A private, non-profit state-funded corporation, NCBiotech invests in technology development through grants, in company development through loans, and in economic development through partnership development grants. Our transformational programs and activities develop strengths that yield high-paying life sciences jobs statewide. NCBiotech is headquartered in Research Triangle Park, with regional offices in Asheville, Charlotte, Greenville, Wilmington and Winston-Salem. To learn more, visit ncbiotech.org.
About NCLifeSci: NCLifeSci, the North Carolina Life Sciences Organization, is the trade association for North Carolina's life sciences industry. Founded in 1994, the organization advances the North Carolina life sciences industry and ecosystem, enabling its members to innovate and collaborate for success in a global marketplace.
Contact: press@biotech.senate.gov
View original content to download multimedia:https://www.prnewswire.com/news-releases/nsceb-announces-biotech-across-america-roadshow-makes-first-stop-in-north-carolina-302475736.html
SOURCE National Security Commission on Emerging Biotechnology
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Buyer's Agent Commissions Tick Up to Pre-NAR Settlement Levels
Buyer's Agent Commissions Tick Up to Pre-NAR Settlement Levels

Yahoo

time3 hours ago

  • Yahoo

Buyer's Agent Commissions Tick Up to Pre-NAR Settlement Levels

Redfin reports the average U.S. buyer's agent commission rose to 2.43% in the second quarter from 2.38% a year earlier SEATTLE, August 12, 2025--(BUSINESS WIRE)--The average U.S. buyer's agent commission was 2.43% for homes sold in the second quarter, up from 2.38% a year earlier. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. Shop Top Mortgage Rates Personalized rates in minutes A quicker path to financial freedom Your Path to Homeownership It was the third consecutive quarter that commissions ticked a little higher after new National Association of Realtors (NAR) commissions rules went into effect in August 2024. The report is based on an analysis of Redfin's data on buyer's agent commissions for closed home sales. The analysis reflects national commission rates, using national, aggregated sales data from Redfin agents' listings, deals referred by to partner agents, and deals where buyers used Bay Equity Home Loans. Commissions return to same level as when new NAR rules were announced Commissions are now back to the same level they were sitting at in the first quarter of 2024, when NAR first announced a settlement dictating new commission rules in response to a class action lawsuit brought by home sellers. Immediately after the settlement was announced, commissions declined, dropping to a low of 2.36% in the third quarter of 2024. They fell at that time partly because the settlement shed light on sellers' ability to negotiate commissions down. Over the past year, buyer's agent commissions have slowly but steadily increased back to pre-settlement levels. That's because in much of the country, buyers have negotiating power over sellers, and that includes the ability to negotiate higher paydays for their agents. As part of the settlement announcement in early 2024, NAR agreed to create new rules about the way commissions offered to buyer's agents are communicated. Here's how NAR describes the new rules: "Buyers and their agents will need to reach an agreement regarding how the agent will be compensated for their services and put it in writing prior to touring a home. … Offers of compensation (when a seller or a seller's agent shares compensation with a buyer's agent) can no longer be shared on Multiple Listing Services (MLS). … Offers of compensation are still an option but must be communicated off-MLS if a seller chooses to make an offer available." Agents report differences in commission negotiations, depending on the market As noted, the housing market has shifted in favor of buyers. There were 500,000-plus more sellers than buyers in the U.S. housing market in June, the biggest disparity since Redfin started keeping track in 2013. With so few buyers in the market, sellers are more likely to pay a higher commission to close a deal. But the power buyers have over sellers varies from market to market. Andrew Vallejo, a Redfin Premier real estate agent in Austin, TX, said most buyer's agents now request a commission of 3%, up from 2.5%-2.75% prior to the NAR settlement. "Austin's market is slow, so buyers have a lot more power," he said. "Buyers can walk away if the seller does not pay the buyer's agent commission, and they'll likely be able to find another home they like with a seller who is willing to pay what the buyer is asking for to offload their home. Since the NAR settlement, there has been a lot more discussion about commissions with clients, and more sellers are trying to counter with a lower commission rate, but in most cases, in today's market, the buyer can stay firm." In Kansas City, MO, many sellers are still paying the commission rate requested by buyers, according to local Redfin Premier agent Jo Chavez. "I've had more sellers ask about offering no commission, or a low commission, since the new rules went into effect. But very few have opted to counter below what a buyer's agent asks for," she said. "There may be a little more negotiation now, but the end result is still typically the same—a seller paying 3%, or close to 3%, to the buyer's agent." In Minneapolis, agents say some buyers are willing to be more flexible with commission requests for their agents. "Most buyers in our market have been coming in with an expectation of a 2.7% commission to their agent," said local Redfin Premier agent Emily Olson. "That said, I've been seeing some flexibility lately, and I've had success negotiating it down to 2.5% in a number of cases." Commissions for homes under $500,000 rise to highest level since 2023 Commissions rose slightly across all price tiers in the second quarter. For homes that sold for less than $500,000, the average buyer's agent commission was 2.52%—up from 2.50% in the prior quarter and 2.45% a year earlier. It was the highest average commission for the price tier since the third quarter of 2023. For homes that sold for $500,000 to $999,999, the average buyer's agent commission was 2.34%—up from 2.31% in the prior quarter and 2.31% a year earlier. For homes that sold for $1 million or more in the first quarter, the average buyer's agent commission was 2.21%—up from an all-time low of 2.19% the previous quarter, but still down three basis points from 2.24% a year earlier. "At the entry-level price point under $500,000, buyers are struggling to just purchase the house, so it is rare that a commission is negotiated," said Andrew Vallejo, the Austin Redfin agent. "Builders are mostly paying 3% or more, so if there are any new homes in competition with our listings, we have to cover the buyer agent commission to stay competitive." Redfin's study reflects national commission rates. The company's lower fee structure has saved customers over a billion dollars, and the company remains focused on keeping costs down for consumers. To view the full report, including additional charts and methodology, please visit: About Redfin Redfin is a technology-driven real estate company with the country's most-visited real estate brokerage website. As part of Rocket Companies (NYSE: RKT), Redfin is creating an integrated homeownership platform from search to close to make the dream of homeownership more affordable and accessible for everyone. Redfin's clients can see homes first with on-demand tours, easily apply for a home loan with Rocket Mortgage, and save thousands in fees while working with a top local agent. You can find more information about Redfin and get the latest housing market data and research at For more information about Rocket Companies, visit View source version on Contacts Contact Redfin Redfin Journalist Services: Angela Cherrypress@

County commission punts vote on MSCS school board elections, passes term limits resolution
County commission punts vote on MSCS school board elections, passes term limits resolution

Yahoo

time14 hours ago

  • Yahoo

County commission punts vote on MSCS school board elections, passes term limits resolution

A vote over syncing Memphis-Shelby County School Board elections with the Shelby County Commission was punted, again, on Aug. 11. The delay came after hours of deliberating, with Commissioner Britney Thornton moving to bifurcate a resolution that would have synced up the two elected bodies' elections by 2030. The resolution also would set a term limit of two consecutive four-year terms on the school board. Thornton's bifurcation motion passed without opposition, splitting the term limit resolution from the syncing of the election. A vote on term limits being set in 2026 for school board members also passed unanimously. Under the resolution, school board members in Districts 1, 6, 8 and 9 will still have elections in 2026 and serve through 2030. School board members in Districts 2, 3, 4, 5 and 7 will complete their full terms through 2028, but then would run for a two-year term, and then the seats would come up for reelection again in 2030. The term limits are not retroactive and take effect starting with the 2026 elections. In 2030, all board seats will be up for election and will be on the same election cycle as county officials moving forward. School board members will also be held to the same two-term election limit that county commissioners are held to. The resolution was brought as part of an amendment by Commissioner Erika Sugarmon during the Aug. 6 committee meeting. During the Aug. 11 commission meeting, Commissioner Edmund Ford, Jr. proposed an amendment to Sugarmon's resolution that would establish term limits in 2026. The term limit amendment passed unanimously. Previous legislation, which was punted to Aug. 6, would have abridged the terms of some school board members elected in 2024 and forced term limits starting with the upcoming 2026 county-wide election. The previous resolution, sponsored by Commissioners Thornton, Michael Whaley, Amer Mills and Mick Wright, would have put all nine seats on the same election cycle as the Shelby County Commission starting next year. Members of the school board spoke ahead of the commission's vote, arguing passing the resolution would open the county up to a lawsuit, would not change the cost of elections and would not impact voter turnout. Most members of the public, who also spoke ahead of the vote, supported the original resolution. Some called for immediate consequences for the board members who voted to remove former Superintendent Marie Feagins. Lowry offers substitute referendum ordinance to cement term limits, recall votes for school board A potential substitute to the resolution voted on at the Aug. 11 meeting was brought by Commissioner Mickell Lowery. That substitute came in the form of a referendum ordinance that would allow Shelby County residents to vote for term limits and pave an avenue for recall votes. Commissioners seemed opposed to that, with Ford saying they could "take care of the business now," with the original resolution. Despite the opposition to the referendum, commissioners kept the door open to passing it in the future to complement the resolution. The referendum, if it were to pass the commission and pass at the ballot box, would enshrine term limits and a recall vote in the county's charter. A county attorney at the commission meeting said the referendum's passing would make it "much harder" to change in the future. The referendum ordinance asked voters two questions: "Shall the Shelby County Charter be amended at Article VI, Section 6.02(A) to apply term limit provisions to the county school board members as governed by the laws of the State of Tennessee?" "Shall the Shelby County Charter be amended at Section 5.24(A) Recall of elected county officials to add language providing for language providing for recall of county school board members as governed by the laws of the State of Tennessee?" Brooke Muckerman covers education and children's issues for The Commercial Appeal. She can be reached at This article originally appeared on Memphis Commercial Appeal: Future Memphis-Shelby County Schools board members to have term limits Solve the daily Crossword

EU clears €4.1bn Just Eat takeover but prevents food delivery mega-merger
EU clears €4.1bn Just Eat takeover but prevents food delivery mega-merger

Yahoo

timea day ago

  • Yahoo

EU clears €4.1bn Just Eat takeover but prevents food delivery mega-merger

The European Commission has approved the €4.1 billion acquisition of Just Eat (JET) by Naspers, through its investment arm Prosus, after the technology group agreed to take concrete steps to reduce its influence in Europe's food delivery market. Prosus already holds a significant minority stake in Delivery Hero—one of the largest food delivery companies in Austria, Bulgaria, Italy, Poland and Spain—which operates popular brands such as Glovo, Foodora, and efood. The Commission said the measures were necessary to prevent Naspers from having significant sway over two of the sector's largest competitors, which could weaken competition and harm consumers. "To address the Commission's concerns, Naspers offered to significantly reduce its shareholding in Delivery Hero, below a specified very low percentage, within 12 months and to implement a set of additional commitments," the EU body said in a statement. "The Commission has the duty to assess mergers and acquisitions involving companies with a turnover above certain thresholds," the statement continued. Why is this important? In June 2025, the European Commission fined Delivery Hero and Glovo €329 million for operating a cartel—a high market concentration that lets them agree to drive up prices while not improving services—in the food delivery sector. That case reinforced regulators' concerns that without strict safeguards, large players may coordinate markets for profit instead of competing with both prices and quality. Related Chipmakers Nvidia and AMD to pay 15% of China revenue to US government Greek ban on ATM charges and limits on other banking fees comes into force today Just Eat runs familiar delivery platforms regularly used in Europe, such as Just Eat, Lieferando and others. Between them, these companies would control a significant slice of Europe's meal delivery market, which means most restaurants and customers would have limited alternatives. The European online food delivery market is worth tens of billions annually and has grown rapidly since the pandemic, making it a critical part of urban economies. This market has few big players, so any merger or ownership overlap can have an outsized impact on prices, restaurant commission rates and courier pay. The €329 million fine against Delivery Hero and Glovo in June 2025 proves that colluding within the market is not a theoretical risk and that European regulators have already caught major players gaming the market to limit competition. The deal is particularly notable as it is unusual for the Commission to demand a major sell-off of shares in another company or existing asset during a Phase I review, as it did on Monday. This signals that Brussels is taking a harder line on digital platform consolidation, especially in markets where just two or three players dominate across the bloc.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store