Birmingham Biotech companies receive $44 million grant for AI-driven drug development
- A group of biotechnology research companies in Birmingham will receive $44 million in federal funding to research AI technology, as announced by federal officials this morning.
- The Birmingham Biotechnology Hub, led by Southern Research, aims to use AI to shorten drug development and improve health outcomes across Alabama and beyond.
- The funding is part of the Tech Hubs program and comes from the fiscal year 2025 National Defense Authorization Act, which Senator Britt supported.
- The investment is expected to enhance local economies and strengthen U.S. Economic and national security, as stated by Senator Britt.
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