BIO Health Section oversight
Executive Summary
Biotechnology Industry Organization forms a new Health Section Governing Body Jan. 3. Restructuring decentralizes responsibility for executing and ratifying healthcare-related policy decisions away from BIO's Board of Directors and executive committee to the Health Section Governing Body. Health Section is the fourth section to have a governing body, completing a shift in organizational structure that began with the arrival of CEO Jim Greenwood one year ago (1"The Pink Sheet" Jan. 10, 2005, p. 13). The Governing Body will initially be composed of 40 members of the current board and will remain as such until elections are held during BIO's annual meeting in April...