Why investing in places like Birmingham, Alabama is key to securing U.S. biotech dominance as China tries to close the gap
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China has aggressively gathered personal health data from Americans and other countries to dominate the bioeconomy. Lawmakers have introduced bipartisan legislation to secure American health data and protect intellectual property. Birmingham, Alabama, with the University of Alabama at Birmingham (UAB) and Southern Research, is positioned to lead in biotech innovation. The Birmingham Biotech Hub aims to catalyze innovation, drive economic growth, and improve health outcomes. Federal investment from the U.S. Department of Commerce is crucial to onshore key aspects of the supply chain for personalized medicine. It will stimulate job creation, ensure regional economic competitiveness, and anchor the national bioeconomy. Trusted institutions in the South can address national healthcare challenges and put America at the forefront of innovation. Investing in places like Birmingham is essential for maintaining U.S. biotech leadership.
#Biotech #China #Birmingham #Alabama #PersonalizedMedicine #Innovation #EconomicGrowth
https://fortune.com/2024/07/03/why-investing-in-places-like-birmingham-alabama-is-key-to-securing-u-s-biotech-dominance-as-china-tries-to-close-the-gap/
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