Massachusetts Rep. Jake Auchincloss urges Congress to back U.S. biotech instead of targeting China
At the STAT Summit in Boston, Rep. Jake Auchincloss (D-Mass.) told fellow lawmakers to back the U.S. biotechnology sector without hesitation.
He urged Congress to champion biotech, criticize insurance firms, and turn the United States into a premier hub for biotech research, rather than pursuing protectionist measures aimed at China.
Auchincloss warned that focusing on China’s rise harms America’s own competitiveness, noting that while China is set to become a strong biotech player, the U.S. can still outpace it with stronger domestic support.
His comments echo the biotech industry’s and investors’ call for increased federal funding and faster research pipelines.
This writeup was produced by pharmadog from original reporting by STAT.
Original headline: “Mass. lawmaker Auchincloss favors boosting U.S. biotech over targeting China”
read at STAT ↗
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