Who We Are

The New Jersey Life Sciences Vendors Alliance (NJLSVA) is a coalition of businesses, individuals and academia who provide goods and services to New Jersey’s life sciences companies.

The NJLSVA was founded to educate suppliers on trends in industry procurement and public policy that affects the life sciences industry.

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Choose New Jersey’s RFP Watch provides up-to-date information on business opportunities throughout the Garden State at a cost that is affordable for all companies – with a place of business in New Jersey – large and small.

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Orphan Drug

Hill Fight Erupts Over GOP’s Proposed Roll-Back of Tax Credit for ‘Orphan’ Disease Drugs

Washington, DC, November 21, 2017 — Peter Sullivan reports in The Hill that Republicans are seeking to roll back a tax credit for drugs that treat rare diseases, alarming patient groups who fear the move would slow the development of new treatments.

The so-called orphan drug tax credit would be repealed in the tax-reform bill that passed the House last week. Patient groups are lobbying to preserve the credit, as are some drug companies.

The credit, first enacted in 1983, is intended to spur the development treatments for rare, or “orphan,” diseases that affect fewer than 200,000 people. Continue reading

Over 200 Patient Groups Call on House to Reinstate Orphan Drug Tax Credit in GOP’s Tax Reform Bill

Washington, DC, November 9, 2017 — More than 200 nonpartisan patient groups sent a letter to U.S. House of Representatives leadership, Republican and Democratic, urging policymakers not to repeal the Orphan Drug Tax Credit in the Tax Cuts and Jobs Act.

The proposed change to repeal the Orphan Drug Tax Credit would result in one-third fewer new treatments for rare diseases going forward.

Of the approximately 7,000 diseases considered rare in the U.S., only a few hundred have FDA-approved treatments.  The Orphan Drug Tax Credit gives hope to the nearly 95 percent of individuals with rare diseases who are still without a treatment. Continue reading

House Republicans’ Tax Reform Bill Would Repeal Orphan Drug Research Credits; NORD and BIO Respond

Washington, DC, November 6, 2017 — Zachary Brennan reported for Endpoints News that House Republicans on November 2 rolled out their new tax reform bill, which among other provisions to lower taxes for Americans and businesses, proposes to repeal a provision that might cause the biopharma industry some concern.

Under the House bill’s Subtitle E, section 3401 would repeal what amounts to half of the qualified clinical research costs for designated orphan drug products.

Orphan Drug Act Background

Brennan reports that under the Orphan Drug Act of 1983, Congress sought to incentivize the development of drugs to treat rare diseases by offering drugmakers tax credits, fee waivers and a seven-year period of marketing exclusivity for an approved orphan indication. Continue reading