America can’t afford to fall behind China in the race for biotech dominance

America Must Rebuild Its Physical Economy

In order to compete with China and boost growth, the United States must better balance the software and hardware components of its economy.

America can’t afford to fall behind China in the race for biotech dominance

Biotechnology will have a transformative impact on defense, supply chains, agriculture, health and computing, all areas that will affect our national security.

Senator Young Warns of Biotechnology Competition with China

Source: (Photo by Rod Lamkey-Pool/Getty Images) WASHINGTON — Indiana Senator Todd Young testified before the House Armed Services Committee on Tuesday about the growing competition between the U.S. and China in biotechnology. He explained how advances in this field will impact defense, healthcare, agriculture, and more. “Biotech isn’t just about medicine anymore,” Young told Fox News. “It isn’t the kind of Jurassic Park-type breakthroughs most A…

US report highlights China’s biotech rise, urges action to boost local industry

China is ‘quickly ascending to biotechnology dominance’ and the US must ‘take swift action in the next three years’, the report says.

Report says US biotech needs $15bn support to fend off China

The US is close to falling behind China in biotech and the government should spend a minimum of $15bn over the next five years to support the sector

US risks losing biotech edge to China, report warns

“There will be a ChatGPT moment for biotechnology,” a bipartisan commission wrote in the new report, which calls for the U.S. to invest at least $15 billion into the sector over the next five years.