Texas Biomed elevated to state’s only prime contractor in U.S. response to pandemic, bioterrorism

  • 📰 ExpressNews
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Texas Biomed now will be able to receive up to $100 million in federal funding over five years to help fight '21st-century health security threats.'

Desarey Morales Vasquez of the Texas Biomedical Research Institute works with cell cultures to generate cell lines to work with protein of SARS-CoV-2.

Texas Biomed has invested more than $50 million in its operations since approving the plan in 2019, Foy said. The effort resulted in 125 new jobs, construction for new research complexes, a doubling of federally-funded research and a tripling of contract research. The nonprofit has broken ground on the $15 million-plus Animal Care Complex and fundraising is ramping up for the new Global Center for Bioscience — “the future home for multi-discplinary team science,” Foy said.

In February, San Antonio City Council agreed to give $10 million in federal COVID-19 relief funds to Texas Biomed despite protests from a national group saying the research institute has a history of unethical animal testing and didn’t qualify. San Antonio Mayor Ron Nirenberg said Tuesday in a statement that the city needs “modern, cutting responses to 21st-century health security threats.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 519. in BUSİNESS

Business Business Latest News, Business Business Headlines