Biden will propose more biotech spending.

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As part of the White House's commitment to help regional firms, Vice President Joe Biden has launched a new project to promote biotechnology manufacturing and research in the U.S.

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Vice President Joe Biden will speak on Monday at the John F. Kennedy Presidential Library in Boston after signing an executive order establishing the project.

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According to the White House, the Democratic president's administration will convene a meeting Wednesday to announce additional government investments.

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The production of food, materials, and electricity are only some of the industries that might benefit from increased biomanufacturing thanks to this initiative,

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Which has as its primary objective the expansion of biomanufacturing in the pharmaceutical industry.

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When a high-ranking government official was asked how much money will be revealed on Wednesday, they refused to comment on the matter.

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The information sheet provided an explanation of how methods employed in biomanufacturing may be used to educate bacteria to generate a broad array of chemicals and compounds.

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Using biomanufacturing, it is feasible to make synthetic materials that do not depend on the use of petroleum. Some examples of this include clothes.

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The executive order was issued as a reaction to a piece of bipartisan legislation that Vice President Biden signed into law one month ago.

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The legislation allotted $52 billion to promote domestic semiconductor production, the creation of additional chip plants, and research and development.

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