Cities and states jockeying for position in the race for biotech dollars and talent have their sights set on a whale that comes along once in a generation.
When President Joe Biden announced last year that the federal government is launching a new outfit, the Advanced Research Projects Agency for Health, dedicated to funding moonshot tech research, he kicked off a new, high-stakes battle among municipalities that are eager to land the headquarters of a federal agency dedicated to advancing and funding cutting-edge research.
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The new ARPA-H, an agency designed to fund moonshot health research, will fall under the umbrella of the National Institutes of Health.