The Biotechnology Industry Organization has banned mainstream media from covering Tuesday’s keynote luncheon at its annual convention in Boston featuring a discussion between former US Treasury Secretaries Henry Paulson Jr. and Robert Rubin.

BIO is allowing trade press to cover the event, and a BIO spokesman said that media access is determined on a case by case basis.

“We want to ensure that our presenters are comfortable speaking openly before our paid attendees,” said spokesman Jeff Joseph. “Our goal is to try to maximize the experience for our paid attendees while ensuring all media have fair and reasonable access to our convention.”

Advertisement - Continue Reading Below

According to a press release on the event, BIO chief executive Jim Greenwood is slated to moderate a conversation between the two former US officials on global economic challenges, the need to balance austerity and growth, and how these challenges and public policy reactions will affect biotechnology innovation and investment in the years ahead.

Paulson, the former chief executive of Goldman Sachs, was Treasury Secretary from 2006 to 2009, and helped orchestrate the controversial $700 billion bank bailout in the fall of 2008 during the global financial crisis. Paulson is now a fellow at the University of Chicago’s Harris School of Public Policy. Rubin was Treasury Secretary from 1995 to 1999 under President Bill Clinton during a period of economic prosperity.

Joseph said BIO will issue a press statement afterwards summarizing the Tuesday keynote. More than 15,000 life science professionals are attending the BIO convention at the Boston Convention & Exhibition Center.