US Biotech Race: China's Gain, America's Loss
Update: 2025-12-12
Description
The U.S. faces a critical challenge in biotechnology as China rapidly advances. A bipartisan commission warns that America has a small window to act, risking losing a key technological race. The report suggests increasing federal funding, boosting domestic manufacturing, and reducing reliance on Chinese suppliers. However, intellectual property rights need more attention to truly compete. China has recognized this for over two decades, investing heavily in research and acquiring foreign intellectual property. To maintain its lead, the U.S. must fix its intellectual property system, reducing uncertainty and making it more attractive for innovation and investment.
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