Overview
What is American Life Sciences Innovation Council?
The American Life Sciences Innovation Council (ALSIC) is a nonprofit organization situated in Oakdale, Minnesota. Their primary mission is to educate the public and policymakers about the impact of government regulations on various factors that drive life sciences innovation. These factors include robust intellectual property protection, adequate reimbursement driven by market forces, unfettered collaboration with basic science partners, a transparent and predictable regulatory environment, and access to capital. ALSIC actively advocates for policies that support life sciences, including medical devices, biopharmaceuticals, and diagnostics, at both federal and international levels. They share their research and policy positions with policymakers and encourage their supporters and the general public to voice their opinions on these issues at various levels of government.
Official website here: www.americanlifesciences.com
Is American Life Sciences Innovation Council legitimate?
American Life Sciences Innovation Council is a legitimate nonprofit organization registered as a 501(c)(4) entity. American Life Sciences Innovation Council submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Official website here: www.americanlifesciences.com
What is the mission statement of American Life Sciences Innovation Council?
The American Life Sciences Innovation Council (ALSIC) aims to educate the public and policymakers about the impact of government regulations on factors that drive life science innovation. Key aspects they focus on include strong intellectual property protection, adequate reimbursement driven by market forces, unfettered collaboration with basic science partners, a transparent and predictable regulatory environment, and access to capital. ALSIC shares its research and policy positions with policymakers, encouraging its supporters and the general public to voice their views on these matters at various levels of government. They seek the commitment of policymakers to implement laws, rules, and regulations consistent with principles supporting life science innovation.
Official website here: www.americanlifesciences.com
Who is the CEO of American Life Sciences Innovation Council?
Michael Schwartz is the Director of American Life Sciences Innovation Council.
Official website here: www.americanlifesciences.com
What is the revenue of American Life Sciences Innovation Council?
American Life Sciences Innovation Council's revenue in 2022 was $0.
Official website here: www.americanlifesciences.com
Who are the executives of American Life Sciences Innovation Council and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.americanlifesciences.com
Where can I find the form 990 for American Life Sciences Innovation Council?
American Life Sciences Innovation Council's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.americanlifesciences.com
Learn more at the official website: www.americanlifesciences.com
Mission Statement of American Life Sciences Innovation Council
The American Life Sciences Innovation Council, abbreviated as ALSIC, is dedicated to enlightening both the public and policymakers about the influence of government regulations on key factors that foster life science innovation. This encompasses robust intellectual property protection, adequate reimbursement driven by market forces, unrestricted collaboration with basic science partners, a transparent and predictable regulatory environment, and easy access to capital. The council is primarily concerned with federal, state, and international policies affecting a broad spectrum of innovative life sciences, including medical devices, biopharmaceuticals, and diagnostics.
To fulfill its mission, ALSIC shares its research and policy positions with policymakers, stimulating engagement from its supporters and the general public. By advocating for their views at various levels of government, the council encourages policymakers to implement legislations, rules, and regulations that align with principles promoting life science innovation. ALSIC's ultimate goal is to ensure a regulatory landscape that fosters the growth and success of life sciences innovation, ultimately benefiting society as a whole.
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Impact
October, 2024
The American Life Sciences Innovation Council (ALSIC) plays a critical role in shaping the conversation around life sciences innovation by educating the public and policymakers about the impacts of government regulation. It focuses on key factors that drive innovation, including the necessity for strong intellectual property protection, adequate market-driven reimbursement mechanisms, and unfettered collaboration with basic science partners.
By analyzing and disseminating information about policies such as the Inflation Reduction Act's pharmaceutical price control provisions, ALSIC raises awareness of how such regulations could affect innovation in medical devices, biopharmaceuticals, and diagnostics. This academic analysis is accompanied by issue briefs and media outreach, ensuring that the implications of these policies are well understood by both the public and decision-makers.
Furthermore, ALSIC's mission extends to encouraging supportive legislative actions that enhance a transparent and predictable regulatory environment and facilitate access to capital for life sciences initiatives. By sharing research and advocating for policy changes, ALSIC fosters an informed dialogue at all levels of government, ultimately promoting an ecosystem conducive to innovation in the life sciences sector.
This information is meant to be a general summary of American Life Sciences Innovation Council. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
Assets and Liabilities:
- Total Assets: $123,311
- Total Liabilities: $0
- Net Assets: $123,311
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Organization Details
Founding Year
2011
Phone
(800) 410-9534Principal Officer
Michael Schwartz
Main Address
600 INWOOD AVE N 130, OAKDALE, MN, 55128
Website
www.americanlifesciences.comNTEE Category
Code: B05 - Education
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