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This funding is aimed at launching a biotech initiative to not only attract but also bolster existing startups in Alabama.
“The new project at Southern Research has the potential to be a particular benefit for healthcare in rural communities,” Gov. Ivey said.
This kind of precision medicine is already happening today, but too few Alabamians are enjoying the benefits.
The new center is expected to create 150 new jobs at Southern Research and to double the institution’s annual economic impact to $300 million...
The new members were recently approved by the University of Alabama System Board of Trustees, and will join the current board in May 2022.