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Colorado Bioscience Association CEO stepping down – BizWest


DENVER Jennifer Jones Paton, Colorado Bioscience Association CEO since 2018, is leaving the organization.
“Jennifer led the Colorado Bioscience Association through a period of extraordinary growth for life sciences in our state. Her leadership in rebranding CBSA and work to champion the ecosystem has raised our profile with Colorado’s business community, and investors and partners across the country,” board chairman Bob Reddy said in a prepared statement. “She worked closely with the talented CBSA team to support members’ needs during the pandemic with virtual education and digital engagement. We will miss Jennifer, and we look forward to identifying a new leader who can build on her accomplishments.” ....

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Colorado Lawmakers Wage Multifront Assault On High Drug Costs


Colorado BioScience Association warned that setting payment limits could reduce the funding available for new pharmaceutical discoveries.
“If passed, this bill will create unpredictability for the startups and development-stage companies in Colorado’s life sciences ecosystem, making it harder for them to raise funds,” said Jennifer Jones Paton, the group’s president and CEO. “Investors will look elsewhere for opportunities.”
Nonetheless, the bill is expected to pass. Proponents said it’s unlikely a manufacturer could carve out specific drugs or states from its supply chain and pointed out that drug companies already sell their highest-cost drugs at lower prices to Medicaid, community health clinics and charity hospitals. ....

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