HCS Week 18

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Health City Sun

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May 5, 2023

New Mexico’s Legal & Financial Weekly

Vol. 10.103 No. 18

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Keeping the U.S. Ahead in Biotech

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he United States continues to lead in biotechnology investments and remains home to the large majority of the world’s leading biotechnology companies and innovators, but other countries are making great strides as well, according to experts at the Special Competitive Studies Project (SCSP), a bipartisan nonprofit organization.

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For example, data show that the People’s Republic of China has ambitions to be the world leader in biotechnology by 2035. The U.S. is meeting this challenge. Most notably, the White House has supported the launch of the Advanced Research Projects for Health (ARPA-H) and the Congressionally created National Security Commission on Emerging Biotechnology. These two new biotechnologyfocused government entities that have come online to develop and strategize U.S. biotechnology leadership. Experts from SCSP have developed a National Action Plan for U.S. Leadership in Biotechnology. This plan outlines a series of actions that would help preserve U.S. leadership in this essential and strategic sector. The plan is the first in a series that will be published by SCSP in 2023 to focus on the various battleground technologies identified by SCSP in the organization’s report on challenges to U.S. global competitiveness.

Thinking externally. Cultivate, attract, and retain global biotechnology talent in the United States.

The action plan provides a roadmap for biotechnology policy from a national security perspective. The plan involves a coordinated effort among Thinking ahead. Secure the inputs for a thriving bioeconomy, such as academia, the private sector, and government to establish U.S. leadership in fermenter capacity and DNA sequencers. biotechnology through 2030, alongside our allies and partners. Key recommendations in the plan include:

Thinking together. Unite democratic allies and partners competitive advantages through partnerships like biomanufacturing alliances and datasharing agreements.

Thinking big. Launch biotechnology moonshots to advance fundamental science and technology.

Thinking ahead. Finally, the goal of the U.S. should be to “run faster with guardrails to ensure that U.S. investments do not inadvertently aid the biotech advancements of our strategic adversaries counter to our national Thinking smart. Align biotechnology commercialization, diffusion, and security interests,” the experts conclude. scale through targeted government incentivization measures. Thinking collaboratively. Develop new public-private partnerships across For more information, visit scsp.ai. the innovation ecosystem that better connect our universities, national labs, and biomanufacturing institutes. Thinking internally. Build the supporting infrastructure that will allow the -(NewsUSA) United States to tap into biotechnology’s full potential.


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